Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Wayners who wrote (13045)	8/21/1998 5:05:00 PM
From: tdl4138	Read Replies (2) of 18691

IBUY Is anyone familiar with this company? Just read the latest SEC filing...It reads like some sort of comedy. Granted it is a start-up...but in less than a year, they've acquired an SEC investigation, shareholder law suit, change in management, started "operations" with fantastic losses...and announced that they need an additional $26mm to stay in business for the rest of the year...oh...and If I'm not mistaken...some sort of convertible stock deal..but information there is sketchy. Other than the few things I've itemized...they're in great shape <g> I'd appreciate any thoughts on this one that anyone might have. Dave

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