SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : SYQUEST -- Ignore unavailable to you. Want to Upgrade?


To: Gary Wisdom who wrote (6300)4/29/1998 6:10:00 PM
From: Michael Coley  Read Replies (4) | Respond to of 7685
 
RE: Will further dilution be approved?

Gary,

I disagree.

>> The day after the shareholder's meeting, the company will declare bankruptcy as no one will authorize further dilution at this point. <<

Who do you think OWNS the company? It's not the individual investors. It's the venture capitalists who have all of the "free" warrants and preferred shares. Of course they'll vote to approve the millions of shares that were essentially given to them, and vote for further dilution. SYQT is treating them quite well, and they would benefit from extending this hopeless situation as long as possible.

- Michael coley
- wwol.com



To: Gary Wisdom who wrote (6300)4/30/1998 12:45:00 PM
From: RagTimeBand  Read Replies (1) | Respond to of 7685
 
Uh Gary, grow up. <eom>



To: Gary Wisdom who wrote (6300)5/15/1998 10:41:00 PM
From: peter gucker  Read Replies (1) | Respond to of 7685
 
>>The day after the shareholder's meeting, the company will declare bankruptcy as no one will authorize further dilution at this point. <<This is an inane statement.
imho