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Microcap & Penny Stocks : MCLL Metrocall -- Ignore unavailable to you. Want to Upgrade?


To: peter michaelson who wrote (212)2/11/2000 8:30:00 AM
From: Mike Petriv  Read Replies (1) | Respond to of 266
 
Don't be quick to cover. The last short standing gets the money and this one will give. Looking for a negative day on NASDAQ today and this baby will crumble. MCLL is trying to deny fundamentals with PRs: that might be a sign that they have issued floorless convertibles.



To: peter michaelson who wrote (212)2/11/2000 8:34:00 AM
From: Rajiv  Read Replies (1) | Respond to of 266
 
Peter,

Link - biz.yahoo.com

I was not referring to the 51 MM raised by selling around 23.4 million shares for 2.19/share. MCLL has already spent 28 MM (out of the 51 MM)
- 13 MM went to AT&T for the acquisition of NationPage
- 15 MM went to Inciscent

I am surprised that MCLL has not mentioned the warrants in any of its press releases. I was unaware of that till you posted the link to the DowJones Newswires article - #reply-12789395.

Regards,
Rajiv