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Technology Stocks : Command Systems, Inc. (CMND) -- Ignore unavailable to you. Want to Upgrade?

To: Joe T who wrote (165)	4/22/1998 3:10:00 PM
From: Rollcast...	Respond to of 1956

The dilution risk should be manageable considering Cowen is behind this deal. I would think if we see any of the convertibles sold it would be well down the road and placed in a secondary offering by Cowen and Volpe - hopefully at a much higher price. The formula is there to see with co's like IMRS, CBSL, CRYSF and others. All had secondary offerings within 6 mo's to 1.5 years of the IPO which - at least partially - placed insider stock. Of course it does'nt always work out that way - see SEEC and PTUS. Here's hoping