SI
SI
discoversearch

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.
Microcap & Penny Stocks : NRAG-NorAm Gaming-Winning The Battle -- Ignore unavailable to you. Want to Upgrade?


To: Carl Jackson who wrote (322)12/16/1997 6:33:00 PM
From: David W. Tucker  Read Replies (1) | Respond to of 441
 
I also find Big's comments interesting. It's too bad he seemed to be in such an enthusiastically bad mood today. I'm still trying to decide if I like the idea of a buyout. I think we're looking more at VP than anything else. Also, it might be a good time (from their point of view) for all the insiders to find outside investors and buy up the outstanding shares and the company, essentially "taking it private". I'm not in favor of this, but they would certainly have incentive to do so. The big money is about to flow, so why not keep it to yourself if it is possible to do so. I've seen it done before. I assure you this is just conjecture on my part. I've heard nothing about this. I've just come to realize that the situation is ripe for such a move. It wouldn't take much cash from an outside investor to do so. The insiders own more than 50%, so they don't need our permission.

The float is something like 3.5 mil, now worth about 1.5 mil? These shares could be out of our hands in a flash.

Just my opinion.

dave



To: Carl Jackson who wrote (322)12/17/1997 8:27:00 AM
From: PC11  Respond to of 441
 
Carl:

Sorry to hear that you appreciate his unbridled enthusiasm. I see him as a "necessary evil" because he does receive "information" which we are not privy to. However I do not appreciate his hyping style. Case in point:

When I first "encountered" him at BOBZ, he was hyping the fact that they were eventually going to "own the float".

Message 2369448

Notice that his "calculation" of the float came out to ~1.9 million.

Now go to BOBZ and read his post yesterday where he tells us that the float is now 3.6 million.

If we were to believe his HYPING of the 1.9 million float, then we can conclude that 1.7 million shares have been added to the float since October.

Questions and comments are welcome.