Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: KM who wrote (8389)	4/6/2001 11:06:48 AM
From: Jibacoa	Read Replies (1) of 13094

HAXS: <<The loans are subject to a three-year note, collateralized by 100% of the shares purchased, with simple interest at the current prime rate. The purchase was from one shareholder at $0.60 per share.>> I would be a buyer also if the loan me 100% of the cost, the only thing I would risk is the interest at prime rate over 3 yrs.<g> I am not saying that it may not pan out as a good buy at present levels, but it looks like the insiders are trying to prevent further erosion of their shares buying from a shareholder at $0.60 after the stock has dropped a good % in the past year: siliconinvestor.com Bernard

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