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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Pink who wrote (2289)8/29/1998 9:15:00 AM
From: Dante Sinferno  Respond to of 18998
 
Mr.P ,

Betcha didn't know we needed a THIRD REXI thread to tell
the tale of this "wonderful" company :

exchange2000.com

Rob



To: Mr. Pink who wrote (2289)8/29/1998 11:38:00 AM
From: Pete Mason  Respond to of 18998
 
re: the tiny float

That's the number Yahoo profiles reports also, FWIW

-- Pete



To: Mr. Pink who wrote (2289)8/29/1998 12:56:00 PM
From: DavidD  Respond to of 18998
 
I checked my information, and I was correct. According to the April Proxy Statement for LHS Group Inc, I found the following:

Holders on 5% or more of LHSG:
General Atlantic Partners, LLC 5,905,810 22.9%
Dr. Rainer Zimmermann 1,463,903 5.7%
Directors and Executive Officers: 16,712,621 64.1%

This pre split. If 5,905,810 are equal to 22.9% of shares out, then the total shares out is 25,789,563 (which matches Yahoo!'s post split calc of 52.1 million - they must have issued an additional 500k for incentive plans or something). Ther shares above equal 24,082,334. That leaves a float of 1.7 million shares pre split, or 3.4 million post split. Yahoo! shows a float of 1.6 million, perhaps it is an error, or there has been some events that effected the total float since April, I don't know.

Nonetheless, the question stands, is it safe to short a stock with a small float?

If so, let's rock!



To: Mr. Pink who wrote (2289)8/29/1998 12:56:00 PM
From: DavidD  Respond to of 18998
 
This second post in error. Don't read. Blank.

For those of you interested, when I posted the last message, I got a response from the SI server saying, "The page you requested not found." So I went back, and tried again, same thing happened. I went back to the thread, and saw they actually did post. Oh well. Not my error.

So don't complain you little quadruple turd, Mr. Beaver Spunk.



To: Mr. Pink who wrote (2289)8/29/1998 3:17:00 PM
From: Kevin Podsiadlik  Read Replies (1) | Respond to of 18998
 
Mr. Pink:

Given your well-earned reputation as having a nose for balance sheet shenanigans, would you care to comment on a rather high-profile case before the SEC, specifically that involving AOL, and its special charges last quarter?