Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Never Hibernate who wrote (27028)	4/6/1999 12:16:00 PM
From: Pluvia	Read Replies (3) of 122088

<<<What do you think of that part in the article about TURF buying a lot of DLIA's stock? That is VERY strange to me that the subsidiary would try to buy up the parent...hmmmm.>>> Don't misunderstand this - iTurf is buying newly issued shares of DLIA, not DLIA stock in the open market. This dilutes DLIA and gives the parent more money - as they're going broke fast, it does not push up the stock of DLIA from buying. Agree with Raj - its easier for DLIA to raise money through sort of "tricking" ITurf investors (by using ITurf proceeds to fund flailng DLIA), than go tot the market themselves to raise money.

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