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Strategies & Market Trends : Floorless Preferred Stock/Debenture -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (1239)	10/4/2000 7:53:57 AM
From: Puck	Respond to of 1438

Barrons online yesterday presented a list of several hundred companies ranked by descending order of those most likely to run out of cash in the near term. GENI was #1. GENI finished the last quarter with a $12 mil. loss and $400,000 in cash. Barron's says that GENI is attempting to complete a private placement. This seems like a certain candidate for a floorless financing if ever there were one. It's stock price since March has been quite peculiar showing no correlation to market moves, up or down.