SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Pancho Villa's Short Analysis File -- Ignore unavailable to you. Want to Upgrade?


To: Pancho Villa who wrote (8)9/27/1998 10:59:00 PM
From: TRIIBoy  Read Replies (1) | Respond to of 287
 
I got this one out of a Bear Stearns report:

Factors that Could Lead Us to Upgrade Our Rating Again. Even
without a major turn-around in the overall market environment, we
would reassess our rating if some of the following things
occurred:

3) Better disclosure --- we have consistently found Omnipoint's
disclosure to be less revealing and more difficult to decipher
than that of the other publicly traded PCS companies. We will
speak with the new CFO when OMPT announces one to see if the
reporting will become more consistent and transparent.

That is pretty funny, IMHO.

This analyst feels that Omnipoint has enough capital to last until the summer of 1999. I would be surprised if it lasted beyond the spring, what is your take on how quickly the company will need to finance itself again.



To: Pancho Villa who wrote (8)10/1/1998 7:05:00 AM
From: Pancho Villa  Read Replies (1) | Respond to of 287
 
OMPT: preferred stock holders file to get rid of their stock. I
wonder why... ((answer there will be no cash flow to pay preferred
dividens and more importantly these shares will be worthless soon!
thi parrot is going out of business!)

-
The following table supplements the information set forth in the Prospectus
under the heading "Selling Stockholders" with respect to certain selling
stockholders of Depositary Shares and the number of shares beneficially owned by
such holders that may be offered and sold pursuant to the Prospectus, as
supplemented, to add the following number of Depositary Shares with respect to
the following Selling Stockholders:

------------------------------------------------------ -------------------------- -------------------------
NAME OF SELLING STOCKHOLDER DEPOSITARY SHARES OWNED SHARES OF PREFERRED
AND OFFERED HEREBY STOCK OWNED AND OFFERED
HEREBY
------------------------------------------------------ -------------------------- -------------------------
Bear, Stearns & Co., Inc. 45,000 0
------------------------------------------------------ -------------------------- -------------------------
Forest Alternative Strategies Fund II L.P.Series A5 43,600 0
------------------------------------------------------ -------------------------- -------------------------
Forest Alternative Strategies Fund II L.P. A5I 2,600 0
------------------------------------------------------ -------------------------- -------------------------
Forest Alternative Strategies Fund II L.P. A5M 1,200 0
------------------------------------------------------ -------------------------- -------------------------
Forest Global Convertible Fund Series A1 200 0
------------------------------------------------------ -------------------------- -------------------------
Forest Global Convertible Fund Series A5 46,400 0
------------------------------------------------------ -------------------------- -------------------------
Forest Alternative Strategies Fund B3 3,300 0
------------------------------------------------------ -------------------------- -------------------------
Forest Performance Fund 4,700 0
------------------------------------------------------ -------------------------- -------------------------
Forest Greyhound 2,000 0
------------------------------------------------------ -------------------------- -------------------------
Forest Global Convertible Fund B1 2,000 0
------------------------------------------------------ -------------------------- -------------------------
Forest Global Convertible Fund B2 2,000 0
------------------------------------------------------ -------------------------- -------------------------
Forest Global Convertible Fund B3 2,000 0
------------------------------------------------------ -------------------------- -------------------------
Forest Global Convertible Fund B5 3,000 0
------------------------------------------------------ -------------------------- -------------------------
General Motors Employees Domestic Group Pension 25,000 0
------------------------------------------------------ -------------------------- -------------------------
Key Asset Management Inc. as Agent for the Victory
Convertible Securities Fund 45,000 0
------------------------------------------------------ -------------------------- -------------------------
Tribeca Investments L.L.C. 120,000 0
------------------------------------------------------ -------------------------- -------------------------
UBS A.G. - London Branch 120,000 0
------------------------------------------------------ -------------------------- -------------------------
TOTAL 468,000 0
------------------------------------------------------ -------------------------- -------------------------
Because the Selling Stockholders listed above and in the Prospectus under
the caption "Selling Stockholders" may, pursuant to the Prospectus, as
supplemented, offer all or some portion of the Depositary Shares, no estimate
can be given as to the amount of Depositary Shares or the underlying Preferred
Stock that will be held by the Selling Stockholders upon termination of any such
sales.