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Strategies & Market Trends : CXI-Commodore Environmental -- Ignore unavailable to you. Want to Upgrade?


To: Sid Raphael who wrote (364)12/24/1997 7:58:00 AM
From: Andrew  Read Replies (2) | Respond to of 1755
 
<<Sending out press releases
on Sundays is a way of keeping the circle small, keeping warrant holders chewing their
fingernails.

The company gets money when the warrants are redeemed, so why would the management want to defeat the purpose? Warrant holders have to pay to get their shares in exchange for the warrants!



To: Sid Raphael who wrote (364)12/26/1997 3:01:00 PM
From: J-L-S  Read Replies (1) | Respond to of 1755
 
I counted fifteen days on which there were news releases going back to June 26. Only three of those days were Sundays -- doesn't look like a pattern to me. The best theory for Sunday releases is that these guys work on weedends -- a good idea for a company trying to make a go of it.