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


To: JOHN IACOVACCI who wrote (8483)8/27/1998 1:01:00 AM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 10903
 
John, the script was written in May when TPII did the convertible. You were here then, you know what I and Ice Cube wrote about it. The 90 day restriction period is now over and I presume Kernaghan wants to convert as soon as the SB2 is approved by the SEC, which, I'm guessing is a done deal but won't be filed until the day of the conversion.

Recall that the conversion price is the average over a five day period. My guess is we are somewhere in that five day period, most likely days 1, 2 or 3. After day 5, you'll see huge volume and the price will shoot back up. For it is written... :=)

- Jeff