To: Wayne J. who wrote (12766 ) 4/18/1998 10:00:00 AM From: Mark[ox5] Read Replies (1) | Respond to of 27968
Wayne and PsycP, Don't worry about "pump and dump" Pump and dump is for stocks no one has heard of, and then a guru proclaims and 500 people jump in at once and then leave the same day. You have a big base of INVESTORS (KEY WORD) here who arent going to let go of shares at anywhere near these silly prices. It is even hard to move FAMH so much in 1 day due to the float--- we have seen that in the past. Remember how we always talk about "Wow, I like how FAMH seems to go up evenly and smoothly and then comes back down a bit to base". Well we now know why it hasnt been SPIKING; all those extra shares being printed by Ira to buy companies to add to the bottom line. Either way--- let them PUMP, but if they DUMP--there will be others waiting to buy in. Also--- I am in the minority here but I WANT a 2:1 reverse ratio on the ATXI merger.. rather than 1:1 like people here are saying they would love to have. I want to see half the shares "dissapear" and more importantly half the float "dissapear", even if I am hurt a little in the short turn. Big float (17M and growing) harder to move Small float = quicker, higher moves Supply...supply...supply..the less the better. After the next week, with ATXI going down daily and FAMH rising -- we might hit a 1:2 ratio.. plus ATXI can still command some premium for that valuable NASDAQ listing. Also, IMO only I think this deal is done..and has been done except for details. Many of you are saying, just screw ATXI and lets find another candidate. I dont think so. Ira has been working on this project for 4 months, he has been negotiating with major shareholders from ATXI, he has been buying a sizable stake in ATXI, he has been dealing with ATXI... he is not going to start over at this point (IMHO). IMHO ATXI deal is essentially done for all practical purposes. Morning ramblings--still on a FAMH high, Mark