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Pastimes : JAVA - Short squeeze

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To: Beermeister who wrote (90)10/3/1997 7:56:00 PM
From: Richard Mazzarella   of 157
 
Daryn, I will not suggest what others should do. You are absolutely correct in not being able to dope out the value of this deal until someone at JAVA tells us. Even then, I'm not sure I would believe anything management says. Look at the runaround they gave Sam. However at some point we should be able to value the medical company. Until then, I will hold my stock. If I didn't own JAVA, I would buy it. Unless Tri-Star is simply a scam, I could see JAVA trading back at $1-2 with the current number of shares (pre split). There could be an effort now to reverse split the stock to get the valuation of the stock up to where the medical activity would qualify for NASDAQ. The comment about the spin-off of the coffee business to shareholders is also interesting. We could even end up with two different stocks when we started with one. The whole play seems to be getting a private medical company public at very little cost. There is still much to be learned and all my comments should be taken as conjecture because I have no special knowledge. However, the speculation is sure fun.
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