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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE! -- Ignore unavailable to you. Want to Upgrade?


To: mike.com who wrote (30683)2/3/1999 10:36:00 AM
From: Marshall  Respond to of 33268
 
I know that, I should have probably expounded on that line.
I'm sure you remember the Life Cereal commercials where "Mikey will eat anything" ??
Well, that's what some of these shorts are going on. Look at the big deal they're trying to make out of what should be a maximum of 333,333 shares after March 17 with no discount if the stock holds above $3 for 5 days before then.

These guys also have warrants so I somehow doubt they're going to be dumping that little 0.23% of the shares and screwing themselves.

This is getting too funny to believe but time consuming as I had to ask an atty friend to help me decode the darn document.



To: mike.com who wrote (30683)2/3/1999 10:49:00 AM
From: TheLineMan  Read Replies (2) | Respond to of 33268
 
All these .com are confusing. If you want 10 points on the upside you have to distinguish yourself from the rest.
I still would like to see the shorts get creamed
With all due respect, I've felt the same way sometimes. Can't let emotions get ahead of profits. We are Ferengi.
Marshall - Livakis has the escape clause - he can always hedge and he will if the stock looks like it will tank. As long as the shares are registered he has something to use as collateral to finance/guarantee his short. Selling by the S3 reg holders will do more damage to this one than all the shorts on the internet combined.