Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Quarterdeck: Making a Striking Comeback! -- Ignore unavailable to you. Want to Upgrade?

To: Michael Roberts who wrote (2525)	3/30/1998 7:37:00 PM
From: Jesse Livermore	Read Replies (5) \| Respond to of 3307

Conversions come in at the average of the lowest three days in the 22 trading days preceding conversion. Selling into strength is to be expected. It keeps the price low allowing more common to be sold at a profit. If we average $2 from March 1, 1998 we have to absorb around 15,000,000 shares I think. With good volume like today that won't be hard. If earnings come in good the demand will outweigh the supply. If, as Greico says, the converters can only do 12% per month then we might see less than 15,000,000 dilution and a quicker exhaustion of the sell supply. Good earnings will tip the supply and demand balance into the bull arena.