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Biotech / Medical : SNRS- Sunrise Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Rich Wolf who wrote (3690)	1/14/2000 1:57:00 AM
From: TheLineMan	Read Replies (2) \| Respond to of 4140

And if it tanks to $4 Lehman still make a profit. Don't you wish you could put out a strong buy and still get the same kind of stock deals. But they wouldn't give SNRS more than $13.67 on the high side - uh? Now I can see Lehman protecting their butts down to $3 - but why would they want to set SNRS a limit on the upside? Get some sleep - tomorrow will be an interesting day. So will the days afer that too.

To: Rich Wolf who wrote (3690)	1/14/2000 8:16:00 AM
From: Anthony@Pacific	Respond to of 4140

SNRS<------------will do anything to stay alive , VCALL is a bucket shop by EMEREALD RESEARCH!! Richard, I m sure it sucks , to know that your company is a scam,, They knew going in that what they were looking for was approval to be able to plug the machine into a 120 Volt AC outlet, provided they put a huge Giant Label , that the machine does nothing

To: Rich Wolf who wrote (3690)	1/17/2000 3:25:00 AM
From: Larry Brubaker	Read Replies (2) \| Respond to of 4140

<<The structure of the deal was based on previous share prices: when they didn't obtain approval in July, the stock tanked to $4... hence for this deal, Lehman felt comfortable being given a FLOOR of conversion at 25% less than that $4 price, namely $3. Period.>> Rich, as a seasoned investor in floorless junk, I would think you would know what one looks like by now. Following is the language from SNRS's deal with Lehman. During February 2000, THERE IS NO FLOOR. Period. Not only that, but Lehman can pick and chose the 10 worst prices in February, and convert at 75% of the average. 1.8 "Conversion Price" means: (A) for the period after February 29, 2000, 75% of the average of the ten (10) lowest Market Prices during the month of February 2000; provided, that such Conversion Price shall not be less than $3.00 or more than $13.67; (B) for the period from the tenth (10th) trading day in February 2000 until the end of February 2000, the Conversion Price shall be 75% of the average of the ten (10) lowest Market Prices during February 2000 up until the applicable conversion date; and (C) for the period prior to the 10th trading day in February 2000, the Conversion Price shall be $13.67.