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To: Jim B who wrote (482)3/26/1998 10:08:00 AM
From: John Hanzl  Read Replies (1) | Respond to of 9824
 
Jim -

Do you think the previous price gain (to say .45 from .08) was based upon the March 18 PR which implied that the s/o was 25MM, which now turns out to be WAY off? Therefore the value of the recent PR has already been 'built into' the price of the stock? So what may have been seen as good news now turns against us because currently the # s/o is actually HIGHER than was indicated way back on March 18!

JohnnyH