Pharmos (PARS) Message Board

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Biotech / Medical : Pharmos (PARS)

PARS 2.700

+13.6%

Jan 21 4:00 PM EST

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To: Dr. John M. de Castro who wrote (636)	3/11/1999 10:22:00 PM
From: Tony van Werkhooven	Read Replies (1) of 1386

Hi Dr. John- I could be wrong, but I suspect that they (CC)have squized this stock about as much as they can. If they are currently short, they need to cover their shorts- hence, if you buy the prefered, they will want you to cover their incremental cost of covering in the open market. If they are not short, which I doubt, then you have something to negotiate about- but they will squize you for all they can. You would need to weigh the benefit against the effect of a possibly lengthy period of negotiation and closing. My conclusion- I doubt that this is doable. Tony

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