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Gold/Mining/Energy : Golden Eagle Int. (MYNG)
MYNG 0.0700+5.7%Feb 21 4:00 PM EST

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To: Murrelpr who wrote (1552)3/28/1998 2:57:00 PM
From: Hugh M.  Read Replies (1) of 34075
 
Guy, thanks for adding your comments to this page. Could you provide any more information in regards to the structure of the debenture. After watching what a 'floorless' Reg s arrangement did to the price of CMYN, an apocalyptic meltdown, I am genuinely concerned. Personally, I can wait another 30 days, but would anticipate the MM's will be shaking and reloading at lower prices, now that they have another month to reposition. For those in the .10-.15 range like myself, I see two strategies. You know the MM will move this lower before they let it run, so sell now and rebuy mid month, or hold and average down mid month. Thanks for everyone's comments.

Hugh
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