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Technology Stocks : ITURF Inc. ( NASDAQ:TURF )

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To: Jason Compson who wrote (224)4/22/1999 5:54:00 PM
From: mact  Read Replies (1) of 614
 
jason,

im abit puzzled why delia's would allow a .88 exchange in the first place....since turf's price is already twice as much as delias, if they give .88 shares of turf for every share of delias, for all the gains the owners(i.e.-us) of delias would make, someone within delias has to be losing money....now i could see paying yourself a dollar for every fifty cents if only you get in on it, but if everyone(i.e.-the public) is allowed to participate via delias stock, why would they give away free money to the likes of us?....maybe im missing something here but i have yet to see someone give away free money(except ipo's...lol)....if TURF goes up 50 points, why wouldnt they keep all the shares to themselves and do the second offering and make millions for themselves only.

mact

mact
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