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.

Technology Stocks : Quarterdeck: Making a Striking Comeback! -- Ignore unavailable to you. Want to Upgrade?

To: Jesse Livermore who wrote (1774)	11/19/1997 11:23:00 PM
From: Mike	Read Replies (2) \| Respond to of 3307

I agree that it would be in the company's best interest to have a conversion price of $5.00 rather than two. However, those involved in the company may be preferred shareholders. Here is a list of those who stand to benifit from a low stock price. Anyone have any info on these folks???? Leonardo, L.P. Stark International Shepherd Investments International Ltd. Lakeshore International Ltd. SIL Nominees Ltd. Ramius Fund, Ltd. Linda S. Cappello CC Investments LDC Global Bermuda Limited Partnership Deere Park Capital Management, Inc. Omicron Partners L.P. Raphael, L.P. Marubeni Corporation KA Investments, LDC Gerard K. Cappello Paul Rajewski Olympus Securities, Ltd. Larry K. Fleischman ProFutures Special Equities Fund, L.P Hick Investments, Ltd. AG Super Fund International Partners, L.P. GAM Arbitrage Investments, Inc. Nelson Partners Kim Enterprises, LP James W. Montgomery Triton Capital Investments, Ltd. JMG Capital Partners, L.P Jeffrey C. Ullman Living Trust Earl E Gales, Jr Steven Amos Crisostomo B. Garcia Trust Laredo Capital Partners NY-DBL Diamond Group Theodore Meisel James Scott Watt David Balfour Alfred Romano Kenneth L. Staub Trust Barry Meisel Natalie Meisel Lisa G. Shine Loretta Hirsh Shine John M. Bendheim, Jr

To: Jesse Livermore who wrote (1774)	11/20/1997 9:24:00 AM
From: dwight vickers	Read Replies (1) \| Respond to of 3307

Jesse, This is obviously quite complicated. I recognize the Stark, and Shepher Intl. names from a recent discounted convertible issue in another stock I follow but don't own (NTN). Their price recently dropped from over $2 to $1 1/8. I believe financing related. Theirs being discounted 15% is immensely destructive. It is possible to short under $5 stocks, outside the US, as mentioned previously. What I don't understand is why the REG.S boys agreed to refinance. My guess is that their original shorts done at $5-6 per share protect them from the current financing and they decided to go for the brass ring. Maybe they got more shares? Without going over everything with a fine tooth comb, there's no way to know. And probably not, even if you do. One thing that I will say. The financiers in these deals are always smarter than the company. Always. They have been involved in dozens of these deals. So no matter what is being done with new products the company is likely to suffer a depressed price until it all plays out. I disagree that there is no shorting. It's a crucial element in these deals. And if anyone thinks that a massive short squeeze will develop, I doubt it. No institutions will get involved after a company does Reg.S, or discounted financing. They understand the risks. I would say no way the stock hits $5 before March. Believe it or not the risks are on the downside. Don't get me wrong, I'm not negative on the stock, or the products. Don't pretend to know. I'm negative on these financings. There is a board "Offshore 8K Financing" that explains REG.S and discounted financings. Which this has become. It wasn't under the original terms. Pray for explosive revenue growth. Dwight