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To: David A. Irvine who wrote (10498)	4/3/1998 5:24:00 PM
From: Jim Spitz	Respond to of 27968

All, Another thing to keep in mind is that when the ATXI Merger closes, ALL shorts must be covered in order to re-allocate the shares. So for at least a short time, there won't be any shorts. Way cool! Stay in the Black! jimS

To: David A. Irvine who wrote (10498)	4/3/1998 5:38:00 PM
From: Billiam	Read Replies (1) \| Respond to of 27968

"the MMS will be reluctant to let the stock price rise. They can basically set the bid and ask." David, This correct to a point. If the demand is great the price will rise. A recent example is DGIV. The MM were able to walk this stock down to the teens .15 - .19 back in Feb. But with good substantial news the price took off. It hit $5.25 yesterday and looks like it's settling in the upper 3's. Once the Myriad and Atrix deals close and are announced with some "good" PR we'll be lookin good. Billiam

To: David A. Irvine who wrote (10498)	4/3/1998 5:43:00 PM
From: dave brown	Read Replies (2) \| Respond to of 27968

Why do you think the MM's do not want the price to rise? I think you give MM's too much credit. MM's make their money on the spread and volume, not the price. If they buy from you at a bid price of .63, that becomes their cost. Why would they want the price to go down? Any offer price below .63 means they lose money on every share they sell. MM's just want buyers and sellers. The main inefficiency I have seen on BB stocks is the spread getting to wide (i.e. BID .02 OFFER .10). Even after the merger the price will be set by the market. Investor's will not pay $9.00 a share just because a MM's set that as the price. If there are no takers at $9.00 the price will come down to a point where someone is willing to buy and someone is willing to sell. The MM's will make their money on the spread.

To: David A. Irvine who wrote (10498)	4/3/1998 6:12:00 PM
From: Cat-fan	Read Replies (5) \| Respond to of 27968

I'm surprised no one has expressed any concern about the Myriad tax liabilities. Are these income taxes or payroll taxes? Well-managed, profitable companies do not get in arrears to the tune of $11MM. Also, this is at the federal level, what about state and local taxes? There hasn't been any mention of these. Usually if you're behind with one, you're behind with state and local taxing agencies also. This tax debt could be the result of several reasons: 1) small profit margins 2) poor or slow cashflow 3) poor cash management or 4) owners taking out too much profit and not paying taxes. No one likes to pay taxes but this is a cost of doing business. Not paying taxes is a very expensive form of borrowing what with penalties and interest. One thing I've learned in business is you don't screw around with the IRS. Any comments? By the way, I am not a FAMH basher, but I do believe this is a legitimate issue.