IMRS A Y2K FIRM SUCCESSFULLY REPOSITIONING ITSELF Message Board

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Technology Stocks : IMRS A Y2K FIRM SUCCESSFULLY REPOSITIONING ITSELF

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To: Byron Angel who wrote (163)	10/22/1999 8:28:00 PM
From: eDollar.com	Read Replies (1) of 188

The creditors were forcing a sell off because satish had taken a loan to buy millions of dollar of horses from kentucky. He look huge to buy horses (one of which was 4.5 million) with stocks as colateral when share were high. When the stock fell, banks asked him to repay loan and since he could not they were forced to sell millions of stock. Satish planned to sell these horses back, but it was too late. the creditors did not want to take risks and sold. This stock could go lower. be careful

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