MIRANDA--MAD ON VSE Message Board

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Gold/Mining/Energy : MIRANDA--MAD ON VSE

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To: Bill Jackson who wrote (384)	10/22/1998 6:14:00 PM
From: Jeff Haworth	Read Replies (2) of 462

Sean: Option reprice? Tells the tale doesn't it! Sad to see that the management of Miranda is so excited about the potential for the company that they repriced the options not to .40 cents, or .30 cents or even .25 cents, no, .16 cents - the 52 week low. Sure gives investors the incentive to pile in there and assume 100% of the risk! I sleep better at night knowing that none of the employees of Miranda (including directors) have to assume the slightest bit of a worry that their options might be out of the money. I'm not sure I can be any more sarcastic than that! This action has only created less credibility for the company! Somehting that should not be done while seeking $$$. Please pass my thoughts on to Dennis!

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