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Strategies & Market Trends : Death Spiral Preferred Thread

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To: Zeev Hed who wrote (19)	9/22/1998 10:51:00 PM
From: eric deaver	Read Replies (1) of 47

Well that's a whole separate discussion. I have my reasons (not any secret source just my logical deduction based on available evidence). AS for the stock price, I think YOU have hit the nail on the head when you pointed out the dripping floorless. Everytime people convert the float goes up and we dilute - share price drops in drips. Add to that the delays in the TX deal and you have the slumping price. Watch RNTK, IMO, it may be your first floorless issue to succeed ultimately - TX is the ace in the hole. If you want me to go into my logic on the TX deal I will just thought it would be off topic here. Thanks again, Zeev for the education. A real service. Eric

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