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To: Michelle Aldecoa who wrote (63)4/16/1998 5:10:00 PM
From: Warlock  Read Replies (1) | Respond to of 231
 
Michelle,

They are just joking.

Patrick



To: Michelle Aldecoa who wrote (63)4/16/1998 5:15:00 PM
From: Gator  Respond to of 231
 
Michelle,

Just kidding around. The float (number outstanding shares that are not restricted and held by insiders) is about 500,000. However, of the 500,000 share float, about 350,000 shares are tightly held by people close to the company and are not likely to be dumped on the market anytime soon, so the freely tradeable float is about 150,000.
We were just joking that if we bought the 150,000 shares, there wouldn't be anything left to trade.

Actually, what will happen is that shares will be so hard to get that the price will be driven up (supply and demand).

Welcome aboard.

Gator