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Non-Tech : GENI: GenesisIntermedia.com Inc
GENI 10.22+0.3%Nov 7 3:59 PM EST
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To: eyebalz who wrote (119)5/30/2001 6:01:21 PM
From: Sir Auric Goldfinger  Read Replies (2) of 574
 
Yup. W/ 10 million shares for sale and only 1.56 M short, the converts are only semi hedged at best. Crims betting on Russell 2000 reindexing to create buying power. But our calcs show, at best, demand of 185,000 shares for blind indexing of the RTY 2000. So, the end result, is that much pumping will likely ensue before the dumping gets under way. I wonder if GENI would be included in the Russell 2000 if for some reason it was halted?
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