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Author: timlupton Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 96  
Subject: WHat is going on with Radyne Comstream? Date: 2/19/2004 1:27 AM
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Hi,

An Asian company just sold a huge block of stocks to "institutional investors" at only $9.25 - while the current price on the market was at $12.40. Over the past two days the price has been tanking, and is now at $11.30.

It is worrying that the investors got such a big discount, and it looks as if either they are cashing in on their extremely handsome profit, (33percent profit for holding on for a day), or other investors are selling off. Does anyone know who got the stock, what the terms were, and does anyone have any predictions on how much worse it might get?

Tim
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