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Biotech / Medical : Swissray Intl. Inc. (SRMI) -- Ignore unavailable to you. Want to Upgrade?


To: Charlotte who wrote (390)4/12/1998 10:22:00 PM
From: Jeremiah  Read Replies (2) | Respond to of 763
 
Thanks Charlotte, I appreciated hearing from you. I also am still long and thinking about buying some more, although I think I may wait and see what happens before I jump into another batch. Say doesn't that private placement mean that they could loan the money to SRMI for so much stock and then sell the stock when they wanted on the open market? Which is more or less what I think happened, at any rate we had a 25% dissolution the last week of March and the first week of April.