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Strategies & Market Trends : Low Price/Cash Ratio Value Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Q. who wrote (361)3/7/2000 3:16:00 PM
From: Gordon Foster  Read Replies (1) | Respond to of 1931
 
Looking at the sec filing I don't see anywhere that
it says that if you tender below the offering price
you will be ahead of anyone else. The way I read it
is that anyone who tender's at or below the tender price
will be prorated the same.
< disclaimer >
My understanding could be wrong and often has been in the past.



To: Q. who wrote (361)3/7/2000 7:41:00 PM
From: Elroy  Read Replies (1) | Respond to of 1931
 
The extension of the deadline appears to give everyone the opportunity to change their tender price to something lower than $7.25.

Hey....you're right! I like it, I like it. So.....as long as the tender goes through, everyone who tenders below $7.25 will get done, because there are less than 2.3 million shares out when you don't count the insiders, right?

Elroy


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