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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Roger A. Babb who wrote (11238)7/9/1998 12:11:00 AM
From: Oeconomicus  Read Replies (2) of 18691
 
Roger, I like their symbol - SACM. Oh, wait. I must be dislexic. I also like $50 million market cap companies with $5,800 of quarterly revenue and floorless converts. Do you think they will manage to pump it any to put the warrants in the money? I see it has been in the teens not too long ago. $10 in late April. But the warrants' strike is $7.287, almost a point above the stock. Don't they need to pump it first, so the warrant shares can be dumped on the market without too much of a loss?

Bob
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