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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: posthumousone who wrote (1958)1/31/1998 2:53:00 PM
From: telebob  Read Replies (2) | Respond to of 18691
 
gary,
basically, what they are saying in the prospectus is tht stockholders can
get screwed. TERA has underperformed the market since this
priv placenment was filed. HJ meyers did the cold calls to boost the
stock so the company could get more of a cushion for the price decline , and HJ could get more money from the company for doing the deal.
the only thing that concerns me is that the stock is already down from the announcement, and i dont know how much of this private placementstock has been converted . I think the holders can convert and sell now.

regards,
bob