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Technology Stocks : ProxyMed (PILL)
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To: ubrx who wrote (223)5/5/2000 10:33:00 AM
From: tuck  Read Replies (1) of 261
 
James,

Here's the good news, such as it is. We already had our anticipatory bounce, so we're getting nothing out of it. Holders of the other $2 million have mostly converted, and PILL will issue cash and warrants to the converters. I suppose I'll dive into the filings and see what the terms of the warrants are, but it will probably be a few days before it pops up at the SEC. Dilution spiral continues.

siliconinvestor.com

Cheers, Tuck
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