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To: Think4Yourself who wrote (51131)9/15/1999 2:29:00 AM
From: CpsOmis  Respond to of 95453
 
RE:<EGEO (soon EGEOQ?) in BIG trouble - hope you stayed away...>

Well, it depends how you look at it.... I got 5k shares at $1 even in late june when it nosedived. Day traders gave it a short bounce to 1.5 in July, and I obliged them, selling them 3K to pull out all but $500 of my original stake. I've held on to the last 2K with the idea that the risk reward was on my side. Perhaps I've been a bit naieve (sp) but I think the assets must be worth more than a buck, even after the bond and debt holders get their pc.

Kinda wish I dumped the other 2 K at a buck back then (it spiked and dropped THAT fast...)

Never been through one of these... Tho I don't have a ton of money in this, I wonder if I ought to cut and run or let it play out. How bad could I get burned on a bankruptcy? Every last dime? Or??

Regards

CPS