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Microcap & Penny Stocks : Perle Systems - Who wants to talk? PERLF

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To: HeyRainier who wrote (175)8/27/1999 9:21:00 AM
From: Scott H. Davis  Read Replies (1) of 248
 
Perle Systems Withdraws Private Placement. Rainier, I'm calling today to ask about: If any warrents were purchased, $s raised, potential dilution, and the effect if financing is not achieved. Any questions from your perspective? I gut was that the price was sinking due to uncertainties about the dilution. May be less murky now, I've kept some cash on the sidelines, but am not in a rush to reinvest, as a likely market drop might provide better opportunities.

biz.yahoo.com

You wrote before when PERL was much higher that it was over it's fair value & the market obviously agreed with your assessment. Any thoughts on a fair value now?

Off topic, obviously those of us on the Q thread would b interested in your recent call regarding the Inet side. Scott
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