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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: oldirtybastard who wrote (13130)8/23/2000 10:40:33 AM
From: Perspective  Read Replies (1) of 436258
 
I assume you've seen the BS reason they've given for this little pop - NBC managed to come by a warrant for 10M shares at prices from $9.66 to $20. I can't believe that ANYONE would buy the stock on that news. That's free money to NBC! If the stock goes to zero like it should, NBC hasn't put in any more money - no risk. If the stock happens to go to $50, then they exercise the warrants and flip the shares for a risk-free profit. What a load of horse manure. Sure, I'll take out of the money warrants on ANY company you want, so long as they're free!!!

BC
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