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To: marcos who wrote (5411)9/14/1998 5:55:00 PM
From: WRAP_IR  Read Replies (1) | Respond to of 26163
 
No matter what both sides have to say, much of the information is based on a "required buy back" of shares. Whether this is court ordered, arbitrated, or required by the SEC or any other regulatory agency. I feel the scenario will probably play out like this

1. Whoever orders (or has ordered) the buy back - it will come.

2. Those who are short will claim a "demonstrated inability to pay"

3. No shorter will be indicted (they almost never are)

4. Those required to pay know they will not suffer any significant
negative consequences if they don't buy back.

5. The company will obtain a judgement and never collect.

6. SEC may or may not investigate -- if they do, they may
investigate everyone, including the company (who issued the
shares in the first place).

7. Only a few people will actually call in their certs - statistical
aversges prevail

8. The insiders who have filed to sell (as early as last week
according to track-on lines fed filings news)

9. Stock price will not go up dramactically as the company has few
options to raise the cash required to bring their product to
market or to continue R&D. They will have to do another
financing or sell their own stock.

10. Another failed attempt at a "squeeze play"

11. Long term - who knows, maybe it's a great company

12. Mr. Reece, no offense man - buy you have guts even posting on
any board. You must know that people are watching your every
word - that's why you get bashed -- you have lost all
credibility -- you are the reason why the SEC started their
Cyberfraud division. (congratulations).

This is not a bash or a flame - just my predications of how this deal will play out -- any thoughts?