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 : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (3490)	12/12/1997 12:57:00 AM
From: Ed Zhao	Respond to of 10479

>>The corporate papers do have some value, as you can buy all the certs on the cheap and construct a company under it without taking it through the IPO stage.<< The corporate papers have value only if the company is debt free. Otherwise, the buyer (the new business) will have to pay back the debt. In the case of BXMNF, the law suit liability is in hundreds of millions. As for the reason why the stock is stil trading, my guess is that the stock broker will buy from their client, with price just enough to cover the commission. By that, the client can make tax write off without problem. My apology for not digging deeper about current trading in Solv Ex and BXMNF. XZ