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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?


To: drakes353 who wrote (2011)11/18/1998 2:23:00 PM
From: Anaxagoras  Respond to of 2506
 
<<He decided against running anything ...>>

Well now's when you dig up a snippet from your old e-mail exchange with him, append the delisting announcement together with a price quote showing the pennies it's trading for, and say "Voila! Now, for my next effect, I'd like to tell ya a little something about QUIG/SMTK/RACE/ABTX/[or whatever else you're workin' on at the moment]....".

I bet he'll listen a little more carefully....

:-)

Anaxagoras



To: drakes353 who wrote (2011)11/18/1998 4:21:00 PM
From: Q.  Read Replies (2) | Respond to of 2506
 
another curious sidestory about EA:

About a year ago I talked to EA's CFO, to try to figure out all their convertibles. There were lots of them.

I was surprised to learn that they had never registered shares of common stock for a monstrous-sized convertible owned by a former chairman. The CFO said that the co. was under no obligation to do so. The CFO said that, well, someday he would get around to it, maybe, out of the goodness of his heart.

Apparently the former chairman neglected to extract a promise of this, which was a terrible mistake. He'll never get his money out now.