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Microcap & Penny Stocks : Sound Works (SOWK) -- Ignore unavailable to you. Want to Upgrade?


To: James E Lynch who wrote (6)2/10/1999 11:01:00 AM
From: Siber  Read Replies (1) | Respond to of 582
 
Thanks Jim. Sounds like you called the company, because I sure couldn't find the share info on the website.

Makes me wonder if this is another KTEL. That was quite the ride.

Regards,
Helene




To: James E Lynch who wrote (6)2/10/1999 1:36:00 PM
From: campe  Read Replies (2) | Respond to of 582
 
Current float is 100k, Outstanding is 8.4mil.

And around 300K traded so far...

According to the header, they IPO's on Nov 12th and 3 months to the day, they declare a 4:1 div? Did you get a chance to ask if the other 8.4M O/S are tradeable?

Were they restricted for, say, 3 months and are now tradeable?

Congrats on your early morning trade and free shares. They are definitely worth keeping. However, until I get some more info on their stock structure and business plan, I think I'll pass at these levels.