ICOM: Investment Discussion Message Board

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Technology Stocks : ICOM: Investment Discussion

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To: Dan Kelly who wrote (179)	7/1/1998 8:16:00 PM
From: RumbleFish	Read Replies (1) of 494

<<Once the made the conversion notice, the conversion price is set. Therefore, the short is done to hedge your convert. You cannot influence the stock price at this point. If you would base a decision to short the stock based on this insignificant misperception on your part, you are misguided. >> Dan, The stock is going to be grossly diluted by the shares issued to the convertible "investors". The extra number of shares is enough to affect the price downward by itself. In addition, the "investors" have the company's permission to short the stock. Who has a misperception here?

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