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Technology Stocks : Aahh...iNEXTV (AXC) The NEXT Thing! -- Ignore unavailable to you. Want to Upgrade?

To: Hal Campbell who wrote (3420)	4/18/2001 10:48:38 AM
From: P Jones	Respond to of 4169

Makes sense, Hal. AXC management is probably smarter than most of the posters here (well, at least the yahoo posters...) so they are likely aware of the bridge loan :) and have taken action. I don't buy the "EB is using AXC to pump up Sherwood Holdings (or whatever the holding company is called) - people should be careful saying that kind of stuff. I also believe that AXC is better than a 10:1 shot. If you calculate the "expected value" on AXC assuming that: - there is a 5 in 100 shot of the stock going to $40 ($2 in stock value) - there is a 20 in 100 chance of going to $15 ($3 in stock value) - there is a 25 in 100 chance of going to $3 ($0.75 in stock value) - there is a 50 in 100 chance of going to $0 the expected value is $5.75, or almost 20x today's price. Of course, there can only be ONE outcome. But if you find 10 or 20 such attractively priced stocks, the law of large numbers will emerge and you'll win. Having said all that, I have lost every time so far. So either I'm unlucky or stupid (or both!). Let's pray that I'm due on this one. Finally, I would like to go on the record that this shareholder would be supremely encouraged if just one insider bought 1000 shares! I'll even give them the money to buy the shares. I love certain posters here but just can't believe that insiders can't buy now.