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To: Five2Mil who wrote (475)12/29/1997 5:02:00 PM
From: Lynne Good  Read Replies (1) | Respond to of 510
 
Thank you very much. Your explanation makes sense to me. For once I may come out ahead on one of my six stocks!



To: Five2Mil who wrote (475)1/7/1998 10:32:00 AM
From: J.M.  Read Replies (1) | Respond to of 510
 
>>>>>If you own 100 shares, after the re-cap, you will have 8 shares. To compansate for this, they will pay you between 1.35-1.75 for the 100 shares and you still keep the 8 shares at whatever price they are trading then. In effect, the investor or investors are buying our shares 92% at the rate of 1.35 to 1.75. I think the remaining 8% might still be valued at the same price, i.e about 1 to 1.75.<<<<<<<<<

If this is the case, why would anyone sell their position? Is there
anyway to find out what is actually going to happen?

TIA

JM