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To: Beltropolis Boy who wrote (1001)5/19/1999 10:03:00 AM
From: rod runyan  Respond to of 10934
 
NO easy money this morning. Anyone else notice that May calls (i have the 55's) didn't open for 20 minutes after the market opened today. Closed at 1 3/8 yesterday & didn't open today until the bid was 3/8. Very frustrating watching NTAP open up and not being able to sell. Maybe this stock will come back later in the day. rod



To: Beltropolis Boy who wrote (1001)5/19/1999 11:50:00 AM
From: DownSouth  Read Replies (1) | Respond to of 10934
 
by my numbers, it looks like this figure may have dipped slightly.

The fact that cash would have dropped without the public offering tells me that the company is wise in issuing the new stock. It had plans to spend some money and did not want to get dangerously low on cash. The PO kept their bank account healthy. In the cc Dan commented that a new round of products were being put together and the R/D is expensive. I suspect the cash will be invested wisely.