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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Teflon who wrote (3718)7/13/1999 11:28:00 AM
From: Uncle Frank  Read Replies (2) | Respond to of 54805
 
>> I agree with Mike that they wouldn't have announced this additional sale of shares into the Market unless Q's management was confident in the current Q's results more than offsetting the negative dilutionary impact of this Offering.

Teflon, think of the poor bastards that are holding July expiry calls on Q! The timing of this announcement will be devastating to them. It's nice that we have the resources to be long term investors, but not everyone is in that position.

The announcement has caused a loss of valuable, hard earned momentum. I still think we deserve an explanation.

Frank



To: Teflon who wrote (3718)7/13/1999 5:50:00 PM
From: Jill  Read Replies (1) | Respond to of 54805
 
Teflon, any thots as to why they would do it this way and what they would achieve? Does anybody know their cash reserve or retained earnings position?
Jill


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