Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Non-Tech : RAINFOREST CAFE -- Ignore unavailable to you. Want to Upgrade?

To: Alan Bershtein who wrote (3701)	1/6/1998 9:03:00 PM
From: Dennis Vail	Read Replies (4) \| Respond to of 4704

>>I hope they elect to hold off selling the convertibles until the stock price recovers.<< I'd imagine it's called off. Otherwise the news would have been released after the offering. Go ahead, call me cynical. >>Is this a buy at open, or will it head lower as the day goes on?<< The last month volumes been pretty light while capitalization dropped over 20%. Obviously the way the price has dropped in the last week the news has been leaked but I doubt too many people have been in on that party. Probably just the analysts and Lyle's ol' boy network. I think some funds will be dumping in the morning. The question is will there be someone buying. I tell you I wouldn't until I was certain a new and EXPERIENCED COO/Pres is coming aboard. Think about it in the last month or so RAIN's announced an offering they didn't need, then announced they were confortable with 4Q earnings and now they've done a 180 and say they aren't going to make earnings. Calling Dr. Moe, Dr. Curly, Dr. Larry. Calling Dr. Moe, Dr. Curly, Dr. Larry. If there's buying support I think it would bode the a new COO is going to be announced. Otherwise I'd say it's just crazy people buying. Low PEG or not we need some topdrawer management here before I'd sink one more penny into this company. And if there isn't new management by the end iof the month I'm certainly going to liquidate at least 50% of my holdings. REgards, Dennis

To: Alan Bershtein who wrote (3701)	1/6/1998 9:54:00 PM
From: McNabb Brothers	Respond to of 4704

Alan, <I hope they elect to hold off selling the convertibles until the stock price recovers.> I'm long RAIN at a price of $28 1/2 and I will be a big buyer of RAIN tomorrow at anything under $30! I hope they would go ahead and issue the conv. bond for I will be a buyer of that issue also and the lower RAIN is when they price that bond the more shares it will be convertable into at some point in time! I always like buying stocks when they are on sale such as RAIN will be tomorrow at less than $30! Hank