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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: golden_tee who wrote (6751)	2/16/2000 3:15:00 PM
From: Druss	Read Replies (2) \| Respond to of 10293

Robert--Lets take this from the top. I own no stocks long or short right now that Bill has suggested. So as a 'minion' I am being pretty lax. I also don't care much about VLNC, the only reason I posted it was because I see so much about it here. I thought the press release was interesting because of the share dilution. However I don't spend much time researching stocks I don't care about, maybe it is a quirk of mine but I save the 'in depth research techniques' for stocks I am interested in doing something with. All the Best Druss

To: golden_tee who wrote (6751)	2/16/2000 4:42:00 PM
From: Blue On Black	Respond to of 10293

Let me guess.... Call the company... so they can tell you if you are still in Kansas, Toto. And here is some freaking research for you, or maybe it is screaming research, or maybe it is just stressed research, I don't have a VLNC position, either....yet. lee

To: golden_tee who wrote (6751)	2/16/2000 6:18:00 PM
From: Kevin Podsiadlik	Read Replies (1) \| Respond to of 10293

Maybe you might want to look at WHY they wanted to do it and why the stockholders approved it? That doesn't take particularly deep analysis. Probably on 90% of proxy votes, 90% or more of the shareholders don't bother voting and/or vote with the board's recommendations. Only when a stock and company have been really hammered do "proxy fights" ever tend to break out, and if nothing else is true about VLNC, its shareholders have enjoyed a quite satisfactory increase in the value of their respective VLNC stakes. So it's basically a given that practically every shareholder is going to reason, hey, the board's gotten us this far, they must know what they're doing, whatever they say is fine with me, so anything the board suggested was basically a lock to get approved from the word go. Now what they'll actually do with the new authorization is another story. It could be for a secondary, it could be for an acquisition, or maybe just a stock split for promotional purposes. I don't know, and I'll worry about it if and when I ever decide to re-enter VLNC.