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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: pater tenebrarum who wrote (66446)10/5/1999 1:27:00 PM
From: Defrocked  Read Replies (2) of 86076
 
I commend you on the speed of your due diligence.<g>
The final prospectus is only 259 pages.
Hopefully you got the symbol right.<g>

The people making the most money now aren't taking
very much risk: the investment banks(7% of offering),
the insiders(1.77mm shs, excluded from the 3.25mm
offering,at $1.89 per sh.) and the 8.9mm shs that
are locked up for the next 180 days which were bought
at the $2.62 on average.

That's a bargain for a company that loses more
money($5.2mm) than in took in as revenue($4.2mm)
during the last nine months.

I honestly wish you punters well.
America, what a great country.
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