Eutro ( EUTO ) Message Board

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Microcap & Penny Stocks : Eutro ( EUTO )

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To: Doug Gallian who wrote (6019)	5/29/1998 1:05:00 PM
From: Lurker	Read Replies (4) of 12043

<<Lurker...per the press release, Cypro will become a publicly traded company which Eutro will bring public it appears. Cypro's price will not be determined by supply and demand. The underwriter who brings Cypro public will determine what the IPO should open at based on what they think the market will bear. Guess what? Eutro is in the investment banking business, so I think their $2 per share par value given to Cypro stock has been well thought out. Like I implied earlier...think before you post!>> I'm trying to think. Let's see if I got this right: 1. EUTO brings CYPRO public selling the shares for $2. each. 2. Then, I can call my stock broker and sell my shares on the open market for $2. each. 3. If CYPRO shares drop like many IPO's, you personally guarantee to make up the difference to me, EUTO, and other shareholder who wants to sell. (Example: If my broker sells the shares for $.50 each, you personally guarantee to make up the $1.50 per share difference, right?) Are you going to put a million or so in an escrow account for safekeeping, just in case? Or, is your guarantee as worthless as your logic? Lurker

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