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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (25515)	5/9/2000 9:57:00 AM
From: Rande Is	Read Replies (3) \| Respond to of 57584

LightPath is jumping through hoops to reckon their books. As I've said many times. . . when any company starts calling in warrants, debentures, convertibles or other notes of obligation. . . it often signals a buyout is imminent. Suitors don't like the loose ends of promissory notes, warrants or other such instruments. The first of the year, LPTHA called the U units and the W warrants. . .the Z warrants were called this month. . .it appears that this is the last move to clear the books of obligation. The next step is to set a true valuation for the company. Remember that CSCO wants to purchase about 50 companies over the summer. . . so we need to start picking out the best candidates. LightPath is certainly one. Rande Is