SI
SI
discoversearch

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.
Gold/Mining/Energy : CMYN -- Ignore unavailable to you. Want to Upgrade?


To: Selfop who wrote (622)4/9/1998 9:02:00 AM
From: James F. Hopkins  Respond to of 811
 
David; This is a gamble stock.., to do much it somehow has to stay
on the nasdaq..if it goes BB, they will likley just be hype.
I'm hoping for a reverse split. You will hear arguments against it
but I feel they have an agenda. As we get visited by friends,
family , and even the BB dealers them selves. With her trading at
this level the Market Makers are making like 100% on the spread,
so when they roll that big volume..at 1/64th means a lot to them
if it does a reverse split they make less percentage wise on the
spread. If it can stay on the Nasdaq I think it will come back
nicely..if it goes BB..with filing requiments and such being next
to nil over there..I think we will wind up not just with 300M
shares , but like some BB stocks the dilution has no end at
all. Not just that being registered on the Nasdaq has some value
and will attract some that may just want the company. If the
company is not buying back shares right now then this is a move
by the convertables to take her over.
If she comes back I see her going to more than .20 easy
just don't bet what you can't lose as the only way to play
her right now is all or nothing..put the shares up for a bit,
if she does a reverse split there will be likely another
big bidder coming in.
Jim




To: Selfop who wrote (622)4/9/1998 1:03:00 PM
From: Capitalizer  Respond to of 811
 
Where do you think we'll go short-term with this. I got a small amount (but a lot of shares) at 1/64 on Tuesday.