Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (7661)	11/12/1997 9:07:00 AM
From: Zeev Hed	Respond to of 18056

Tommaso, about a month ago, some cyberfriend suggested a fantastic investment in a company having a PE of 3, what a value. The stock was 7 down from 30, CTYS.I looked it over and found my first "preferred floorless convert", I went to the thread (and of course was bashed as a shorter), and said the stock will be under 4 before year end and under 2 by March 1st (when a second batch of convert come due). Was I wrong, the stock dropped under 4 in the first week and under 2 in the next, it is now under 1.5 on its way to under 1. Zeev