Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE! Message Board

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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE!

RACE 375.33

-2.0%

3:59 PM EST

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To: MulhollandDrive who wrote (25581)	11/14/1997 11:47:00 AM
From: drakes353	Read Replies (1) of 33268

BP *OT* PW a market maker in AOL? Just wondering....Ya gotta really watch those guru's Remember it's AOL now not AMER, so no market makers to worry about. Point well taken about advice from the Street. The only thing I really got from the PW report were the terms of the deal. Remember it converts at a premium, not a discount and the dilution is tiny. The RACE deal for example represents 20% dilution at a price of $7.84. At higher prices it's less dilution, at lower prices more dilution (at $5.50 it would be 31% dilution). Now that's the kind of deal the shorts like. I expect the RACE short interest to start climbing again as we head into January. Thanks for the "take profits" advice but I think I'll ignore it. FWIW, DrakesPort now sporting a gain of around 60% for the year (longs +37%, shorts +23%). Good luck, I'll be rooting for you. drakes353

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