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Strategies & Market Trends : Value Investing
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To: Michael Burry who wrote (6200)3/7/1999 11:15:00 AM
From: John Stichnoth   of 78911
 
<MWY is offering shares. This is the most unexpected, perplexing thing I've seen. They have $28 million in cash. The offering would raise only $2 million.>

Could it be related to stock options that are about to be exercised?

(Don't follow them, so this is suggestion for someone who is interested to pursue).

OOOPS!--Offered my two cents before getting all the way through messages. Looks like you already answered it.

JS
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