Pump's daily trading recs, emphasis on short selling Message Board

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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Michail Shadkin who started this subject	5/9/2001 7:10:43 PM
From: zx	Read Replies (1) of 6873

Add-RRRR If RRRR exercised their option with MTNT for XMSR shares...RRRR would own 10% of the outstanding shares in XMSR. Currently, 23.5 million outstanding shares in XMSR. If we look closely, MTNT owned 16.6 million of XMSR and on 16 Jan and 9 Feb they sold 2 million shares leaving 14.6 million. They pledged approx...2.4 million shares to RRRR at the option price of $10.41 for the first Traunch...so I see them currently owning approx 10.2 million shares. If MTNT elects to proceed with the second Traunch then they would commit another 2 million (appox) shares of XMSR as colladeral leaving 8.2 million shares remaining in the vault. At today's closing price for XMSR at 11.40 that amounts to approximately $93.5 million for MTNT if they elected to exercise their second Traunch from RRRR. Not bad if you ask me for a $21 million investment by MTNT...when you add the possible $50 million from RRRR...GREAT investment!

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