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To: Stan Schuster who wrote (913)1/21/1999 12:34:00 AM
From: campe  Respond to of 3596
 
LOLOLOL...good one...I can just picture someone being "taken for a ride"...

btw - Art, I think the spread is expected, at least the $3 Bid part. I kinda like the fact that it prevents any possible arbitrage where folks would sell to a MM and convert W back into common at $3 to restore their position.

KAA, is there any way of knowing how much inventory the MM had that entitled them to W? And, have you heard from any of them wanting to convert yet? If not, you will soon...<g>