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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (10164)6/18/1998 2:10:00 AM
From: peter michaelson  Read Replies (1) of 18691
 
Thread:

The price of C-Phone (CFON) has strengthened some lately, but I still fail to see any significant value in the business.

A Proxy was filed today in which shareholders are asked to approve additional share issuance related to the Convertible Preferred Offering of December 1997. I haven't figured out the deal, and not sure whether this could have an impact on shareholder value.

Does anyone see any value in this company? Is it a short to $0?

Thanks, Peter

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