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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: Robert Gomez who wrote (8649)	10/29/1998 1:01:00 PM
From: Jeffrey S. Mitchell	Read Replies (1) of 10786

OT: Mr. Love/Robert/Bobby, the only pathetic thing is how TPII issued a convertible preferred, the stock tanked, the CEO had a conference call where he said they weren't planning on doing any more dilutive financing, the stock rose dramatically, we later find two days after that they did yet another convertible, and the stock tanked from $1.25 to $0.23. I'm sure we'll find out in another few weeks that the conversion took place the day before the last two well-timed press releases so that people like you could be suckered into buying those shares. And lest you think this won't happen again, last Thursday's filing said TPII planned to keep doing such deals in order to survive. Note: nothing in this post has anything whatsoever to do with ALYD although it makes it easier to see why many investors are leery of Y2K companies. - Jeff

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