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Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?


To: R. Jaynes who wrote (10027)8/24/1998 10:49:00 AM
From: Hockeyfan  Read Replies (1) | Respond to of 26039
 
Ascom refiled their Form 144 (Proposed Sale of Securities) to sell 600,000 and to sell another 471,000 shares.

Observations and speculation:
1) Stock price is up 25 cents.
2) They didn't sell the 600,000 shares the first time they filed.
3) Is this a pending block trade to another institution?
4) Is Identix pending a secondary offering? Not likely at these prices.
5) Is something big about to happen the will allow Ascom to sell over 1 million shares at higher prices?
6) Is something really bad about to happen? If this were the case why would Ascom only sell 25% of their holdings?

Either way, something is up!