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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Jean-Philippe Chevalier who wrote (1080)	3/6/1998 7:40:00 PM
From: Mr. Pink	Read Replies (2) \| Respond to of 18998

With the new-found celebrity since the Dow Jones profile, it has been difficult to handle all the attention. Mr. Pink is handling it well and He will always remember the people who befriended Him before His sudden unexpected fame. Mr. Pink, Superstar

To: Jean-Philippe Chevalier who wrote (1080)	3/6/1998 8:09:00 PM
From: Mr. Pink	Read Replies (1) \| Respond to of 18998

URGENT PINK PICK. Mr. Pink has accumulated a stake in DEEP at prices between 13 5/8 and 13 13/16 representing a solid return (approximately 45% annualized)over the next 3 months. Here is how it works. DEEP is being acquired for cash or stock of $14/share. You will also receive one right to purchase a share of TOFF which DEEP owns 96% of. TOFF trades at 4 5/8 but traded at 3.50 prior to the announcement of a deal. Thus Mr. pink reasons that the right should be struck at between 3--3.50, offering a value of roughly $1.00 for the right. In addition you will receive about .30 worth of a preferred share of TOFF with a 12 % coupon which should be redeemed. thus you get a package worth about $15.30 for a cost of 13.75. The rate of return over the next 4 months is roughly 45%. That ain't chicken feed. Good luck to all and He looks forward to getting back to the business of enriching His friends, instead of dealing with the ugliness of certain short situations. Best Regards, Mr. Pink