ISCO-Illinois Superconductor Message Board

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Technology Stocks : ISCO-Illinois Superconductor

ISCO 0.160

+14.3%

Nov 6 3:07 PM EST

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To: Michael D. Christian who wrote (402)	2/28/2000 3:24:00 PM
From: redbird	Read Replies (2) of 524

I have been unable to get through to ISCO. The IR person is at the Cellular Telephone Industry Assoc. meeting and their CFO is the only other person allowed to answer questions. I believe the warrant holders can ask for $6Mill worth of stock at $.25 (24 Mill shares). The company has 12 Mill shares outstanding right now, so this would dilute the shares of the current holders. Our shares would be worth 1/3 their current value. I may be reading the filing incorrectly, and I can not get conformation from ISCO. Read page 4 and 5 of Exhibit 10-a and see what you think. edgar-online.com I am not a short seller, but I am totally out of the stock. Redbird

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