Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Pharmos (PARS) -- Ignore unavailable to you. Want to Upgrade?

To: Dr. John M. de Castro who wrote (475)	2/7/1999 10:06:00 AM
From: crysball	Respond to of 1386

AN ASTUTE MOVE BY PARS & ARIELLA The Best News I've heard lately. Ariella, your professional knowledge and insight will be an excellent addition to PARS and will go a long way toward facilitating shareholder relations, because you 'are one of us', and you have voted with your $ and time and many contributions to this thread. We know you wouldn't make this commitment unless you had conviction in the merit & destiny of PARS. We are both encouraged (by your & PARS decsion) and reaffirmed in our own decisions to stay the course as investors. We wish you success in this new challenge. Best Personal Regards Neil

To: Dr. John M. de Castro who wrote (475)	2/7/1999 1:04:00 PM
From: LLCF	Respond to of 1386

< That makes the first anniversary last week. If all of the warrants were converted there would be produced 500,000 new shares suddenly available for trading.> Normally no one would exercise warrants before they had to. There is "premium value" in the warrants which is forgone when exercised. DAK

To: Dr. John M. de Castro who wrote (475)	2/7/1999 1:46:00 PM
From: LLCF	Read Replies (1) \| Respond to of 1386

<PARS Decline - An Explanation The recent fast decent of PARS stock value concerned me and I wondered if it might somehow be related to the bottomless convertible of a year ago. > While were at it... does anyone know how badly the company could get get diluted depending on shareprice? ie. if this thing is trading @ 1/2 buck do these shysters get the whole company? I've looked at the link you provided and am just trying to save a little time if possible. I also e-mailed the company for a brief explaination. As far as the warrants go they look like a plain vanilla "kicker" and I'm not worried about those. They adjust with new stock offerings, but thats pretty standard protection to the buyers these days. As stated in the prior post, I don't believe it makes any sense to exercise these before they expire... BUT the hedge fund that did this sly little deal are definitley trading stock against them... probably why the stock is so liquid all the time. DAK