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Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?


To: Richard Mazzarella who wrote (30914)3/8/1998 10:05:00 AM
From: Bill Jackson  Respond to of 35569
 
Richard, between you and I we do indeed know everything.(worth knowing, that is)
Those floorless would be like and infinite;y replenished short position, sell and sell, and rely on the transfer agent to give you more stock for peanuts.
Bill



To: Richard Mazzarella who wrote (30914)3/8/1998 10:10:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 35569
 
Richard, I think that Doyle will do its damnest to avoid going the floorless route. But if you see a convertible debenture or a convertible preferred as the next financing, just make sure it is not of the floorless variety. Remember Richard, it was the floorless that got you into trouble with Arakitis (VBG).

Zeev