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Microcap & Penny Stocks : DAVID SIRK's VALUE MOMENTUM PLAYS -- Ignore unavailable to you. Want to Upgrade?

To: ISOMAN who wrote (4049)	7/9/1999 1:56:00 AM
From: David Sirk	Respond to of 4828

The Diaz & Altschul Group, a New York firm that arranges and invests in convertible financings, says it simply shuns deals that encourage investors to profit from a falling stock price. So Your are SURE the the CEO has no IDEA what he is doing and you are SURE that he made a BAD deal. GET OUT OF TOWN . BTW So you are predicting that the stock will go down tomorrow are you?

To: ISOMAN who wrote (4049)	7/9/1999 2:04:00 AM
From: David Sirk	Read Replies (1) \| Respond to of 4828

Another thing! If you read this again The sales agreement with GEM Advisors Inc. is for a term of five years and the stock is convertible at the lesser of $1.00 per share or 65% of the average daily bid price for the five trading days immediately prior to conversion. This tells you that they will either convert at One Dollar or less after 5 years Show where it stares that it is a floorless that can be shorted now! From the limited info that we have it looks like GEM has 5 years to convert at a buck. And if it is not trading at a buck in 5 years they convert 65% of the BID for the last 5 days before the 5 years are up. That is the only info I see. Seems sweet to me. No incentive to Short a stock below a buck for 5 years. Now you read it back to me with YOUR WHACKY interpitation