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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV
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To: Skip Jack who wrote (2017)4/14/1999 4:08:00 PM
From: Mike Fredericks  Read Replies (1) of 13157
 
I still feel $18 is a long-term floor. The retail traders may not act that way, but LMG was comfortable enough paying $18 for some stock early this week, which makes me comfortable that the stock will be at or above 18 in the long term. I may not always trust my own judgement, but I certainly trust the guys at LMG.

If the stock falls below 18, and it's time for LMG to exercise an option, do they get the stock at the cheaper market price, or are they stuck at $18 forever?

-Mike
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