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Technology Stocks : PLPT: Pulsepoint Communications (previously DGSD)
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To: golfinggramps who wrote (238)2/16/1998 8:46:00 AM
From: AugustWest  Read Replies (1) of 614
 
Jim, I thought the issue was raised when this first hit the press:I am under the impression that the preferred shares could be redeemed at any time. In light of the current stock price, it would seem that they{MSFT or any of the new investors ] aren't selling, which I consider to be a good sign. There are a ton of options out there that I thought would have dragged the price down. Apparently they are just waiting to see how high this run will go(did I say that in a previous message?).
Will be interesting to see if the split is approved. I assume since there are major special interest groups involved, it will have the votes to do it.
20M, I think they burned throughlots of $$ in the past on big pay, and huge bonuses. With MSFT on the board, hopefully this type of self reward for floundering will come to a stop.regards. AugustWest.
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