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Technology Stocks : SI Diamond Technology (SIDT)
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To: Jim Armstrong who wrote (101)1/9/1998 3:58:00 PM
From: Joe Master  Read Replies (1) of 623
 
This is cash needed by the company to keep going. I suspect we will see more of these as time goes on.

If you look at some of the other filings you will also see they are giving away large amounts of warrants to people to raise funds for operations. They are dilutive to current holders and is why the stock is sitting below $.50 IMO.

Joe
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