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

To: Pierre Mondieu who wrote (9253)	11/4/1998 12:48:00 PM
From: BONZ	Respond to of 10903

Pierre. Is there any other type of conjecture?? Check your PM's.

To: Pierre Mondieu who wrote (9253)	11/4/1998 1:23:00 PM
From: Jeffrey S. Mitchell	Respond to of 10903

Reread my post. That's what I said. Yes it's "conjecture", but if you know anything about toxic converts it is not "baseless". My theory is Kernaghan shorted the stock down from $1.25 to .28, converted his $500K to 1.7M shares, used some of that stock to cover his short, sold some of that stock on the latest news, and still has lots more to sell. If you want to believe Kernaghan is waiting until the price hits $2 to sell his remaining shares then that's your prerogative. My guess is he'll be dumping them because he knows he stands a good chance of doing another toxic convert in the near future. Heck, TPII flat out says they need to do those things just to survive. It's in the 10Q! - Jeff P.S. TPII's lack of revenues and various and sundry financing deals are not opinion but fact. Nevertheless, I realize people here think I'm bashing TPII because I'm the one who brings that stuff up. In deference to those who think keeping things "positive" here will help TPII's price rise, and because I truly don't wish people to lose money even on a company for which I have no respect, I'll refrain from posting here until the day before J Stone's contest ends.