To: JDN who wrote (6900 ) 12/5/1997 12:06:00 PM From: Jack Zahran Read Replies (1) | Respond to of 31646
Many of us don't have the depth in the market to understand the full effect of PP's etc. A little knowledge can be dangerous. From the experts I have spoken to, this is what I surmise: The PP is the best way TPRO can raise cash and is a smart move: Why, The time is ripe, many investors believe in TPRO's story and are willing to participate. These investors also see this as a way to jump into this oppurtunity. They are taking the risk, not TPRO. The DD they have done shows them that TPRO is worth the risk and has great potential. What about dilution, the SEC guideline is that a PP participant does not intend to sell right after he buys. A PP is a long term investment. Too, the companies participating in the PP are giving their vote of approval and validating the reasons why each of us decided to buy into the same security. Why are they registering so quickly? Because they are supposed to, if they don't they get penalized. This is still a high risk play. That's why it is so attractive to us. If the stock jumps to 20 by December 31, who of us wouldn't want the oppurtunity to sell and buy back after a pull-back? January 1- March 31, 1998 is supposed to be the penultimate quarter for the entire Y2K sector. The companies that show green are the legitimate ones, you can close the books on the rest. By the way that quarter is supposed to be huge for TPRO (it's their 3rd Fiscal Qtr, just 4 months till then)! Anyway the second quarter is already supposed to be better than the positive estimates previously given. Let's not let the PP become the tree that distracts us from the forest. It's short term effects are out-weighed by the financial support and institutional backing it provides. If your in this for the next five months, let it go.