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To: Cynic 2005 who wrote (38443)11/17/2000 12:20:03 PM
From: LLCF  Respond to of 436258
 
<I think the deal is already through! Now it is up to the suckers who are long the stock to run it up so that the buyers in the private placement can reap the rewards.>

Wonder when it will dawn on J6P that I-banks are beholden to whoever has money... when the entrepeneurs held the cards... ie.. the "increadible opportunity" that the public clamoured for, then the banks simply fell all over each other with praise and recommendations. Someday, they will be badmouthing all but the 'safest' of investments heaping scorn on those same names and fawning all over the investor again... sort of like politics I guess.

DAK



To: Cynic 2005 who wrote (38443)11/17/2000 12:26:23 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
those who are already long are not exactly qualified to run it up, unless they throw more money at it. new buyers would have to appear on the scene, and with a 45m. share overhang threatening, it will take some doing to persuade them. it was easy while the bubble was still ramping at full speed - not anymore.