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Microcap & Penny Stocks : HITSGALORE.COM (HITT) -- Ignore unavailable to you. Want to Upgrade?

To: bob sims who wrote (3345)	8/10/1999 10:44:00 AM
From: broken_cookie	Read Replies (2) \| Respond to of 7056

Bob, Is the LFT deal binding? Why would LFT pay $20 a share given the market price? If you were in a non binding agreement to buy (for example) EBAY at $480 a share, would you follow through? Aren't there restrictions on the shares that LFT would potentially buy? Isn't it common to offer restricted shares at a discount rather than at a huge premium? So, to rephrase a previous question, would you buy (for example) EBAY at $480 a share (today) with a lock up period?