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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: y2kfree_radical who wrote (68601)	10/26/2000 1:26:43 PM
From: Joe Copia	Read Replies (1) \| Respond to of 150070

Question posed to SYTE CEO: When could we expect SYTE to acknowledge the FASH's CEO statement: ""Our sharevalue is $4.87 and they did not even address the preferred stock?"" reply: In a message dated 10/26/00 1:16:13 PM Eastern Daylight Time, csallee@sitestar.com writes: << The deal is still in play and our offer stands as written. Beyond that, we have no comment. Mr. Narasin's public remarks were purely for the public's benefit. FYI, the preferred is underwater and can't convert at these levels. The only reason he is upset about that, is because he holds the majority of the preferred and made a poor investment decision. Regardless, SYTE's future does not rest on the acq of FASH or any other fallen dot com company. We are fundamentally solid, cash flow positive and growing both internally and by acq. Management is long and hasn't sold a single share since Day 1. I am not aware of another OTC BB company with these fundamentals. CJS >>