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Technology Stocks : Zitel-ZITL What's Happening -- Ignore unavailable to you. Want to Upgrade?

To: White Shoes who wrote (17680)1/22/1999 6:51:00 PM
From: Mark L.  Read Replies (1) | Respond to of 18263
 
I would be delighted to lend Jack & co. money. Just let me name the terms of the discounted convertible.

The last discounted convertible was a better investment on a risk/return basis than my short position. Unless liquidity dries up or the stock is de-listed, discounted convertibles are a slam/dunk.



To: White Shoes who wrote (17680)1/23/1999 12:19:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 18263
 
"does anyone really think anyone is going to continue lending Jack & co. money

While I don't expect it, it sure wouldn't surprise me.

"if they do, won't the share dilution have to be factored into the upside for existing shareholders "

As it always does with stocks like this, yes.

Barb



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