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To: jim_p who wrote (84658)	1/18/2001 3:42:06 PM
From: Tommaso	Read Replies (1) \| Respond to of 95453

I just bought some more SMOP today. A sure 12% gain in about three months is better than most mutual funds ever do.

To: jim_p who wrote (84658)	1/18/2001 4:08:58 PM
From: Tommaso	Read Replies (1) \| Respond to of 95453

I suppose I could figure out exactly what this means. It's the description of the treatment of the SMOP warrants in the terms of the merger: (g) At the Effective Time, each warrant to purchase shares of Company Common Stock that is outstanding immediately prior to the Effective Time (a "Warrant") will remain outstanding and will become warrants to acquire Per Share Merger Consideration on terms set forth in the Warrant. After the Effective Time, each Warrant will represent the right to receive, upon exercise of such Warrant, an amount of cash (without interest) equal to the product of (i) the number of shares of Company Common Stock subject to such Warrant as of the Effective Time, and (ii) (A) the Per Share Merger Consideration, minus (B) the exercise price per share applicable under such Warrant. All references to Company in Company's warrant agreements with respect to Warrants will be deemed to refer to Parent and Merger Sub, and Parent and Merger Sub will assume the obligations of the Company under such warrant agreements. The other terms of each such Warrant and the applicable Company warrant agreement under which it was issued will continue to apply.

To: jim_p who wrote (84658)	1/18/2001 6:54:03 PM
From: upanddown	Read Replies (1) \| Respond to of 95453

It's cash in the bank. The closing is set for 3/31, and the PEX stock price is set at $10.00. Jim, could you explain this a little further? Does it require shareholder approval? What does a $10 PEX mean? Thanks. Your attempts to understand and reason with Slider are well-meaning but totally futile. The guy is a borderline psychotic. Easily the strangest dude I have ever encountered on the net, bar none. I can't think of anyone else even close. Don't try to figure him out. Sigmund Freud and a roomful of shrinks couldn't do that. He may be one of the biggest reasons that SI finally installed the "ignore" feature. I haven't read a word from that nutball in six months. John