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Technology Stocks : The Panda Project (PNDA)

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To: drakes353 who wrote (791)1/31/1998 2:18:00 AM
From: chester lee  Read Replies (1) of 1521
 
<<someone reported here (was it Jumper?) that Crane stated during the NYC dog & pony that they wouldn't do any more discounted convert deals. >>

It was I who reported this after listening to the conference call. Crane felt that shorts were taking advantage of his company the last time he did a discount convertible finance deal, and said something to the effect that he will NOT do that again.

Chester
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