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Technology Stocks : DESERT DIRT TA -- Ignore unavailable to you. Want to Upgrade?


To: d:oug who wrote (1436)7/31/1998 7:21:00 AM
From: Chuca Marsh  Read Replies (1) | Respond to of 1539
 
And then tere is any other type of IPMer, my type, "..First, on my last post asking Richard and Chuca about the
difference between a shareholder that does and does not add more
money into IPM, I think I remember now something called an warrent.
Maby it this or something else, but in this example I think if
each shareholder, say held 1,000 ipmcf shares, ..>>> a type that lost BOUT as much as posted more or less doesn't matter ; all because of belief in the text of the momment -back then- befor BLACK FRIDAY- due to MARGIN CALLS since 2 months or so befor that date in NOVEMBER, the company sucessfully got or better said, met the regs on becomming a MARGINABLE SECURITY!!! ! That is the cruxt of the problem and thje real reason WHY margin helders should be given extra warrants parts in any formula. There are many of us whom don't have much IPMCs ....now. Many, I have heard...in much larger quantity of penality of the call notwithstanding!
Chucaupt2muchrisk- but the bright side of the total picture is HOW one learns from this dread. The king is dread. The call is dead. No way will I be a buyer of IPMC's up in Canada- my family will see to that; daily reminders...no with standing. DREADFULL DEAD, greatfull for a life experience that may of educated me( and all of us), but the cost was high- and still the rewards may be high...with top still to be realized if if if. This NEWTECH is real, the circumstances were surreal.