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Technology Stocks : The Panda Project (PNDA) -- Ignore unavailable to you. Want to Upgrade?


To: drakes353 who wrote (791)1/31/1998 12:30:00 AM
From: Dale Baker  Read Replies (1) | Respond to of 1521
 
Check out the BNGO thread for some very confusing posts on NASDAQ listing/delisting rules. They are worried that BNGO's lsiting application won't be approved. But you will see the vague info and contradictory guidance which various posters got onthe phone from NASDAQ reps.

I'm playing PNDA for an eventual total flameout. Delisting will take care of itself if the company fails.



To: drakes353 who wrote (791)1/31/1998 12:39:00 AM
From: TheLineMan  Read Replies (1) | Respond to of 1521
 
Drakes (you evil short), I have a question - why couldn't they just do a secondary offering.
It's really a disasterous deal for Helix at least hey walk away with the VSPA technology. If PNDA dump a few people with it they'll be paying fees to Helix. Did you know Verdicom was linked to Lucent? -but they aren't more than a developement stage company -the $1.2 mil be over a year.
The reason - I gave for my guess on requirements for a Nasdaq listing was Acclaim - they seemed to look at bothe requirements -see the prvios quarter 10K. I guess I shorted the wrong fast growth restaurent chain.



To: drakes353 who wrote (791)1/31/1998 2:18:00 AM
From: chester lee  Read Replies (1) | Respond to of 1521
 
<<someone reported here (was it Jumper?) that Crane stated during the NYC dog & pony that they wouldn't do any more discounted convert deals. >>

It was I who reported this after listening to the conference call. Crane felt that shorts were taking advantage of his company the last time he did a discount convertible finance deal, and said something to the effect that he will NOT do that again.

Chester