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Technology Stocks : AboveNet Communications, Inc. (ABOV) -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Miller who wrote (348)4/7/1999 3:02:00 PM
From: Bill Hanna  Read Replies (1) | Respond to of 835
 
Yes, it will bring in a lot of capital. Digital River (DRIV) came out with an additional offering just as ABOV is doing. The stock soared after the offering and is up 50% or more since the offering. I like the Brokerage houses handling the offering. They will make certain the stock price does not adversely affect current stockholders.
This additional offering will be a big plus long term. My only question is why they announced the split and then the offering.

LONG & happy.
Bill