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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: JDN who wrote (28245)2/16/1999 5:37:00 PM
From: WR  Read Replies (2) of 31646
 
JDN At this point I don't think it matters but just to clear the air WR

by: jai44 10122 of 10122I've been involved with companies that have had debentures issued before and were improperly shorted by the company which holds the converts. I have no knowledge whether or not this situation exists here. The way it works is the company that holds the debentures take a strong short position which causes a decrease in price. Then when price is low they convert their shares and use these shares to cover short position.

Again I state I donot know if this is happening here but this
can be investigated.
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