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Biotech / Medical : PLC Systems -- Ignore unavailable to you. Want to Upgrade?

To: Oblivious who wrote (738)4/27/1998 8:45:00 AM
From: Charger  Respond to of 1202
 
Again, excellent! This should move up their ability quickly! eom



To: Oblivious who wrote (738)4/27/1998 8:55:00 AM
From: John F. Dowd  Read Replies (2) | Respond to of 1202
 
david:

How do you see this as good news. Do you know the conversion price. Why do it for only 10,000,000. Why a convert- very expensive debt in the long run. This shows a great deal of naivete on the part of PLC. Seems like they were overwhelmed by the big boys. I could have raised that much for them in small NE banks. Not necessarily good news but given my long position keep the spin up.

John


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