Joe Copia's daytrades/investments and thoughts Message Board

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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: MoneyMade who wrote (11644)	2/9/1999 1:03:00 PM
From: Joe Copia	Read Replies (1) of 25711

JVWBW FYI: To: GC (195 ) From: E. M. Edds Tuesday, Feb 9 1999 12:03PM ET Reply # of 198 JVWB: I just got off the phone with IR for JVWB (212-473-3700). There are currently 380,000 shares in the public float, with 7.2 Million shares held by the Board and technical employees. In addition, the Class A Warrants, when/if utilized, convert into 1.5 Million shares for the public float. They are looking at selling the Class A Warrants to a group, rather than individual investors, to minimize dilutive effects, volatility, and to allow more rapid price appreciation. The NASDAQ requires a listed company to have at least a 1 Million float, so they have planned to be just above that. I like the fact that the board is holding so many of their own shares and what they are contemplating doing with the warrants. I am accumulating the warrants. Proves to me that they are in this company for the long haul and are doing everything they can to go NASDAQ. Joe PTG&LI !!! buying more

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