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Microcap & Penny Stocks : TPII - Year 2000 (Y2K); Groupware; Client Server Migration -- Ignore unavailable to you. Want to Upgrade?

To: Syd Deem who wrote (7866)	7/2/1998 2:33:00 AM
From: Dave Gore	Read Replies (1) \| Respond to of 10903

YOU SAY" The $500,000 of floorless convertables is why the stock is sinking. Short selling to bring the stock down so that more stock will be available for conversion. This will probably go on till August 21 when they are to be converted." My response: 1) I think this is all but over already 2) Even if the stock were at 50 cents, this only brings 1,000,000 more shares into the float...I don't like it, but I don't quite see the doom of what you are referring to. Increasing the float by a few percent won't materially impact PE ratio much at all 3) In the early years of infrastructure building you sometimes do some stupid things, convertibles based on stock price is stupid....lesson learned...they won't do it again or I will shoot them myself!