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To: StockDung who wrote (1851)12/8/1998 6:02:00 PM
From: Curbstone  Read Replies (3) | Respond to of 27722
 
floyd,

You prayed a similar prayer for the 8 X 8 shareholders the other day, after their stock went up 5 3/4 (154%) in one day. To date, 4 days later, they've only given back 2 1/2 is that your idea of judgement day? Your day will come flootie, but not yet.

Mike



To: StockDung who wrote (1851)12/8/1998 10:06:00 PM
From: shane hartman  Read Replies (3) | Respond to of 27722
 
>I would be more worried about the convertible shareholders that
>converted there stock and shorted to lock in gains. Stock is highly
>diluted leaving the current shareholders holding the bag. I will be
>praying for you tonight before I go to bed..

I have heard this about other convertible issues. Why short instead of just selling? Is it because they short before they can convert to stock and then they cover when they can convert?


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