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Technology Stocks : Copytele - Another XEROX in future -- Ignore unavailable to you. Want to Upgrade?

To: Joe Master who wrote (1153)12/18/1997 1:36:00 PM
From: Tim Kenney  Read Replies (2) | Respond to of 1320
 
>I would have thought that this announcement would automatically cause the stock to drop 20% due to
the dilution.<

Joe, why should having to split 20% of nothing with someone else cause the stock price to go down?



To: Joe Master who wrote (1153)12/18/1997 1:42:00 PM
From: Eric Klein  Respond to of 1320
 
I think this is orchestrated to allow for the year allocation of stock options to the two primary managers (as well as board of directors) to be based on a low value for the stock.

You have a good point. This stock has been so heavily manipulated in the past that this is a real possibility.

My only hope is that Good ultimately triumphs over Evil, and that levitation cannot be maintained forever.


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