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Non-Tech : Secret Squirrels hit!
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To: Wayne Rumball who wrote (8176)7/28/2002 4:15:38 PM
From: ChrisJP  Read Replies (2) of 12872
 
Hi Wayne and Stingray -- I'd like your thoughts on ERICY,

As you may or may not know, Ericsson is planning on raising cash by doubling its outstanding shares for sale at .41. The only gimmic is that they are offering the .41 shares only to registered stock holders.

biz.yahoo.com

First, I can't find when they plan to do this. Does anyone know ?

Second, is there a money making strategy for playing this ?

Should I wait until the day before and buy shares of ERICY and then take advantage of the .41/share offer ? Or should I wait until the offer is over and buy shares being dumped at .50 or under ? Or avoid ERICY altogether ?

Or what ?

Do you think there will be a pump associated with this offering ? By the way, I've posted this on 2 other threads, lol.

Thanks,
Chris
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