Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Thrustmaster (NASDAQ:TMSR) -- Ignore unavailable to you. Want to Upgrade?

To: Timothy Detjens who wrote (2238)	6/14/1999 10:08:00 PM
From: Timothy Detjens	Read Replies (1) \| Respond to of 2443

For more details: freeedgar.com Note especially the new Warrant conditions.

To: Timothy Detjens who wrote (2238)	6/20/1999 3:35:00 PM
From: Chris McConnel	Read Replies (2) \| Respond to of 2443

Timothy - Did you notice the paragraph in the Press Release: --------------------------------------------------------------- The investors have agreed not to enter into certain short sales of the company's common stock for a period of 300 days from the closing date. --------------------------------------------------------------- Usually these convertible deals are the kiss of death. The hedge fund who gets the convertible, can turn around and short the common setting up a riskless trade, in which they make money no matter what happens to the stock. But in this case, they have some kind of agreement not to short for 300 days. But just how binding is this agreement? For example, can the hedge fund setup a private agreement with 2nd hedge fund such that the 2nd hedge fund shorts the stock? - Chris