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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Earlie who wrote (596)6/24/2000 3:37:00 PM
From: KeepItSimple  Read Replies (1) of 436258
 
>Samsung now gets to exercise 280,000 warrants of RMBS stock @ $2.50
>per share. If sold at current prices, that would net Samsung about
>$32.0 million

Where did you get this information? I had assumed the manufacturers "caved in" in response to receiving bribe-shares in RMBS stock. The timing of the new venture fund, along with the 4:1 stock split immediately followed by capitulation and stock skyrocketing made me suspect that sleaze was occuring, but I didnt have any documented evidence to prove it. The circumstantial evidence was overwhelming, though.

Just goes to show that in todays economy, there is far more money to be made speculating in the market than in producing a good or service.
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