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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: AlienTech who wrote (14606)5/20/1999 10:06:00 AM
From: LastShadow  Respond to of 43080
 
USAB

Yes, if it was for institutional buying, they would go for a second offering. My guess is that those with 'beneficial ownership' want to dump some shares and generate some cash. Splitting now allows then to have it in 6 months (or the existing shares now) when they will be able to sell. Could be either for personal or company sells though

lastshadow



To: AlienTech who wrote (14606)5/20/1999 10:07:00 AM
From: Redhook  Respond to of 43080
 
One would think so at a price of $14, but what do I know. It probably makes no difference as the run up now and prior to split will probably leave it at $10 again anyway.

<edit> just saw your post ls. That makes sense


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