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Non-Tech : LL Knickerbocker(KNIC)/Pure Energy Corp

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To: Steven Messina,L.M.T. who wrote (78)1/12/1997 12:13:00 PM
From: M.Hicks   of 1028
 
Gee whiz! Between lunch with my broker, and reading the latest comments, I'm beginning to get cold feet. His opinions about the MM's price manipulation was that it was either "horse hockey", or very illegal, but was going to look into it more.

One thing I don't understand is those who are holding warrants would benefit best by holding on to them and letting the stock go up. I have Intel warrants that I plan to sell before the conversion date. They usually follow the common dollar for dollar, and were a lot cheaper to begin with. Wouldn't this same stradegy apply with KNIC warrants, or is this an entirely differnt thing?

Mike
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