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Technology Stocks : Molten Metal Technology -- Ignore unavailable to you. Want to Upgrade?

To: Richard N Lambert who wrote (396)12/24/1997 8:12:00 PM
From: Mark B. Stutman  Read Replies (1) | Respond to of 421
 
I owned Molten Metal a while back, selling at $28.50 for a modest profit over a purchase price of $17.00. At the time, I sold due to perceived environmental industry-wide weakness.

I would like to scoop up a few thousand shares of this issue on the off chance that it recovers. However, I bought shares of Wang Labs many years back, and ended up, after over a year of holding worthless paper, finally, with some warrants. Is this scenario likely to happen in this case? Will stock shares be set aside by bankrupcy, then later reissued as warrants?



To: Richard N Lambert who wrote (396)1/9/1998 11:34:00 AM
From: Richard N Lambert  Read Replies (1) | Respond to of 421
 
Larry;

Still holding it's head above water. Might not be a bad risk for a couple thousand shares.

Wish I put me money where my mouth was a few weeks back. It looks like the day traders are making money on this one. I am afraid to step in or be suck in before it returns back below 3/8. Think it is the January affect!

Rich


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