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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis

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To: Q. who wrote (1356)7/6/1998 9:15:00 PM
From: dumbmoney   of 2506
 
The convertible holders really screwed themselves with the share cap. I don't know what their game plan is, except that they will be very happy to sell any amount of stock above 6 1/4, which is the break-even point ($19 million divided by 3,040,000 shares).
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