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Technology Stocks : TELSCAPE (TSCP on NASDAQ)HAS GROWN LIKE CRAZY IN 1997

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To: David Edwards who wrote (70)8/4/1998 2:17:00 AM
From: Stephen D. Wilson  Read Replies (1) of 87
 
DAve,
My question is how they are going to do their financing. Will it strictly be on the issuance of more common stock or are they going to issue convertibles that the financier will more than likely short against them until the conversion date to get a decent strike price. I wasn't really thrilled with the details of their last bit of financing.

Steve
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