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Strategies & Market Trends : CXI-Commodore Environmental
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To: Czechsinthemail who wrote (363)12/23/1997 9:22:00 PM
From: Sid Raphael  Read Replies (2) of 1755
 
How's this for a GUESS about the company's motivation for sending out press releases on Sundays:

You know, I know, everyone I can talk with knows this baby's going to pop bigtime, hopefully to the stratosphere. Management knows so also. Except, management has this cloud hanging over it : some day management will have to pay off the warrant holders. It's my GUESS that management is trying to prolong as much as possible the day when the stock shoots up past 15 (or whatever the number is which will force a payoff of the warrants). Sending out press releases on Sundays is a way of keeping the circle small, keeping warrant holders chewing their fingernails. Don't be shocked if management dilutes the stock even further by issuing more shares, again with the purpose of holding off the day of reckoning for exchange of warrants for shares.

Is this a case of indigestion attacking my brain, or what?
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