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Microcap & Penny Stocks : Eutro ( EUTO ) -- Ignore unavailable to you. Want to Upgrade?


To: Carl Brehm who wrote (2310)12/4/1997 2:38:00 PM
From: Benchman  Respond to of 12043
 
One reason why not, would be becuase some of us don't have any more money left.



To: Carl Brehm who wrote (2310)12/4/1997 2:41:00 PM
From: Jeff Harrington  Read Replies (2) | Respond to of 12043
 
So, we've got the 4 companies and now <LOL> the big shareholders messing with the price.

<LOL>

Gotta love these pennies. Better than any soap.

Jeff Harrington



To: Carl Brehm who wrote (2310)12/4/1997 4:04:00 PM
From: stockid  Respond to of 12043
 
HI Carl. STOCKID



To: Carl Brehm who wrote (2310)12/5/1997 8:37:00 AM
From: Carl Brehm  Respond to of 12043
 
Edited



To: Carl Brehm who wrote (2310)12/5/1997 8:57:00 AM
From: Carl Brehm  Read Replies (4) | Respond to of 12043
 
Here is my take on the leakage of shares.

1. The companies buy back the stock.

2. A. Euto needs cash and accepts there offer.
B. Euto makes a counter offer.
C. Euto Refuses.

3. Euto is forced to sue.

Now lets look at each one and the results.

1. Would be great. But lets really look at it.

If they sold a big portion or all of them into the float, How much would it cost them to buy back? 20 million? 50 million? Looks like option 2 would be better for them unless they are afraid of the negitive publicity from mad share holders. Evan option 3 would be better from a bottom line scrutiny.

2. Well the offer is made and countered. Goes back and forth and back and forth and finally They make an offer that EUTO just can not refuse. So now the float is 50 million higher than was supposed to be and the stock holders are screwed. Or EUTO refuses and the companies now have 2 options left. Wait for suit or buy back. If I was the companies option 2 would be explored first.

3. If Euto sues we will have a 2 to 5 year or longer wait before anything happens. Then evan if they win what do they get? All depends on the judge. Do you really think they would be forced to go to the market and buy the shares back. Not me, The judge would order a monitary settlement with the same results as option 2.

Now just apply the princapils of the prisoners delima to this and you tell me what the best option is for the 4 companies. The only fly in the ointment is: Can the companies handle the bad publicity or would it be cheaper for them to spend millions to buy back?

JMO
CARL