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Pastimes : The Rocketeers Corner -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Forthright who wrote (322)7/1/1998 2:04:00 PM
From: Janice Shell  Respond to of 378
 
You must be right. Not sure how the index will fare; SGNC is up, but I think only because it's trading at such a huge spread. Market Guru Rocketeer1 has, as you probably know, explained to us that stocks trade at big spreads when they're very much in demand and the MMs make investors pay a "premium".

Meanwhile--a little off topic as it's not really a Rocketeer stock, though many of the same players are involved--EDII has declared a "dividend". What form will this "dividend" take? Um, the form of warrants attached to the new certificates to be issued in connection with the company's name change. Details have not yet been released. I am curious to see whether any of the thread contributors has understood what this means.