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Technology Stocks : SYQUEST
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To: Ben Geh who wrote (7017)8/14/1998 1:33:00 AM
From: Dale Stempson  Read Replies (1) of 7685
 
>>> Let's hope they have not covered all their shorted shares and let's hope they have not ended up with millions of extra shares or else... God help us! <<<

Ben, IMO this is more a certainty than simply a possibility. The magic of the floating preferred is that the holders will get rich regardless of the direction of the stock. Seeing as how the EdHeads are seriously missing expectations, I think it's clear which path the holders have taken in making their fortunes.

Regards - Dale
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