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Strategies & Market Trends : Rande Is . . . HOME

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To: Richard Nisbet who wrote (5265)	4/9/1999 11:14:00 AM
From: Bucky Katt	Read Replies (1) of 57584

Out of MHMY, here is why>> M.H. Meyerson & Co., Inc. Sells 500,000 Shares at $5 Each in Private Placement JERSEY CITY, N.J., April 9 /PRNewswire/ -- M.H. Meyerson & Co., Inc., (Nasdaq: MHMY - news) today announced that it had privately placed 500,000 shares of its common stock at a price of $5.00 per share. The Purchasers have been afforded demand and piggyback registration rights. The Company indicated that the proceeds of the sale would be used for working capital and general corporate purposes. Why would the investing public want to pay more? Looks like one for Anthony and his group to gang bang into the floor...

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