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To: Jay Rommel who wrote (84399)11/17/1999 9:31:00 PM
From: Victor Lazlo  Read Replies (3) | Respond to of 164684
 
Jay as you know the warrants that pcln paid off the airlines with will come back to haunt the pcln shareholders, as will the secondary, the lockup expiration, and the failure of pcln to sell its bonds (bond sale was cancelled as you may recall).

P.S., why do you suppose there was no demand for the bonds? Why were the pros scared off, would you care to conjecture?

And why is retail rushing in to buy the stock?

ROFL !!

Victor Lazlo