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Non-Tech : Western Oil and Tire Distributors (WOTD)
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To: Bill Monahan who wrote (27)4/19/1998 9:40:00 PM
From: D LEE  Read Replies (1) of 255
 
My opinion is WOTD will release the merger first and definitely
follow with some lagging releases about their progress and
expansion technique. They will rationalize such information being
most useful if offered in a steady trickle.

Part of the rationalization will be that during this time
their system will remain vague and they will be able to buy
some stock back at discount as a result. (More or less like
riding a wave they will be creating by subsequent news releases.)

As the system becomes evident more investors will start coming
in, the long term ones they want, hence price up, but not before
WOTD has bought back, or has had someone else buy back some for them
at a chosen bottom. This will immediately appreciate, the value
of the funds put out for the stock (be they from WOTD's wealth,
or some "insider family wealth" related to the company as close
as legally possible) allowing a good profit. -Once more at a cost
to the initial investor.

By the time this is done WOTD related individuals will have regained
a further portion of the operation that once belonged to CVIA
share holders.

Just thinking out loud, to what extent this might be done, yet with
everything remaining on the up and up (legal), of what other opportunities
might lie ahead for investors to acquire a reasonable amount of
WOTD stock at a reasonable price. (The second round)

I am not saying this will happen. Only thinking of a possibility
and what it might mean to investors if they are aware of it.

I have left out the movement to NASDAQ in this post, not seeing it
as necessary. WOTD implies it as necessary in order to evoke a
rather severe 300/1 split, with the NASDAQ goal mentioned as
an excuse to do so (at a provoked and untimely moment to CVIA investors.)

The future shares for acquisition were only reverse split 3/1
in the initial proposal staking a great claim for WOTD with
nothing much offered at this time to back such a claim up.
They offer no further reason so far as I know, and have extended
the date of possible merger to the end of the month.
This will allow the shares to languish at depressed prices
and with this intent in mind I do not see it as an appropriate
reason in justifying the truer value CVIA is bringing to this
merger agreement table.

I continue to believe the method of acquisition WOTD plans
to proceed with after the merger will be extremely creative and
beneficial to the company. Of course they are only able to move
towards this now because of what CVIA has to offer them.



Sorry to mention the word "legal". I am sure after the merger is settled
properly any references to it will quickly dissipate. Inferences to it are
mildly haunting from the CVIA thread even over here at this time.

Hopefully they will have the good manners to keep that matter
heated only in it's proper place which would be on the CVIA thread
and a new and more civil form of creativity can begin here.

Looking forward to hearing all your comments

Dave
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