RAMTRONIAN's Cache Inn Message Board

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Politics : RAMTRONIAN's Cache Inn

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To: Ronald D. Stange who wrote (8409)	7/27/2002 7:14:28 AM
From: NightOwl	Read Replies (1) of 14464

I am not sure I understand what you number guys are referring to buy this "supply st $3." I know the area at 2.75 to 3.25 will bring out resistance from a new wave of Mom & Pop Shorts and Day Traders. But I can't be sure you aren't referring to the $8 mil fixed rate (5%) debt convertible at $3.76/sh that's out there, from the Spring financing. As I understand it those shares can't be forced to convert unless the share price exceeds 200% of the 3.76 price for some period of consecutive days or weeks, although there are the @800,000 warrants issued but those were priced at $4 something. All in all I don't see any of the dilution hitting us until we reach our Lunar approach well above $3, so I have to assume you are implying that shares bought at or below current levels will hit selling pressure at $2.75-3.25? ...If so I say Balderwhachy! <Hoo Hoo> As you point out the $3 resistance is mere Mom & Poopery. If there is major contract/license/production news the MoMo's will blow right through that $3 intersection like paté through one of Jimtracker's Geese. ...Or is that Geeze? <Haa Hoo> No matter, anyway you slice it RMTR's IP is too close to Blast Off to give more than a 40% chance of my ever shaking hands with any Buck Seventy Fives again. ...Although I am hoping a praying that we fill Friday's gap up from 2.15 to 2.35 next week. I think MU reports earnings in early August and there will likely be other semi's dribbling out before 8/15. I suspect they will provide a sufficient motive for our filling, but the sooner the better IMVO. <g> Once the earnings horrors are over we will be good to go. At the rate the non Ampy/Enel Fram sales are increasing and the ESRAM chips are starting to ramp in Q3 or 4, there should be some "material" and "substantial" product sales/shipments to announce in our 2nd Half. The only way I get to see my Buck Seventy Fives is if (1) TI throws a shoe; (2) we get an '87 style market dive; or (3) DB of the Queen's Guard has failed to detect the next BIG ROCK in our future. ...I put the odds of any of these events occurring before March of 2003 at 10%, 40%, 0.00000000000000000001% <Hoo Hoo> 0\|0

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