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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: somatics1 who wrote (25146)5/23/2001 12:12:10 AM
From: Ken W  Read Replies (1) | Respond to of 29382
 
George:

MTNT: Back to 1.38 with it mijo. The party is over due to the convertibles. The buzzzzards will short the heck out of the stock until they are taken out by the tender for their shares after the RRRR deal is done. I'd leave it alone.

Ken



To: somatics1 who wrote (25146)5/23/2001 1:15:52 PM
From: Sergio H  Respond to of 29382
 
Geo, when the RRRR deal closes, MTNT will retire a lot of debt. When the debentures are called, the corresponding short position will be covered. Buying pressure will lift the stock, no to mention that the reduced debt will make the stock more attractive anyway.

Sergio


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