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Strategies & Market Trends : ZixIt Corporation (ZIXI) -- Ignore unavailable to you. Want to Upgrade?

To: Tim McCormick who wrote (2374)	4/10/2000 4:36:00 PM
From: Dale Baker	Respond to of 4120

It's all about selling stock....if you understand it. Wish I were still short to enjoy the ride!

To: Tim McCormick who wrote (2374)	4/10/2000 9:05:00 PM
From: Tom Hua	Read Replies (2) \| Respond to of 4120

Wayno paid 48 but he got warrants with a theoretical value of ? -maybe 16 to 23. So he really paid less than 35. Tim, Huizenga group's cost basis is $24 1/2 per share. 1,222,223 shares at $7/share 916,667 shares at $48/share. because those 1,222,223 shares have been registered and are exercisable immediately, I wouldn't be surprised to see those shares hitting the market soon. You see, if they sell the 1.22 million shares at $36 or higher, the 916,667 shares are theirs for FREE. Watch for upcoming SEC filings. Regards, Tom