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


To: John J H Kim who wrote (15181)6/5/1999 3:27:00 PM
From: AlienTech  Respond to of 43080
 
Anyone playing SFE?

The minumium shares you can get is 50. You have to have at least 500 shares of SFE to purchase shares directly in the ICG ipo. For each 10 shares of SFE you can purchase 1 share of ICG at the offering price. If you have between 100 and 499 shares of SFE you can participate in some kind of unit investment trust that will hold the ICG shares for you. Below 100 shares you are out of luck. SFE will still hold a big chunk of ICG after the offering so SFE shareholders of all sizes will still benefit if it is a big success.

The court ruling that came out late Friday, should be very good news for ISP's like Flashnet. Maybe we will see some more buying on Monday.

biz.yahoo.com