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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Trader J who wrote (9462)	2/20/1999 2:39:00 PM
From: LTK007	Respond to of 56535

<<How do you see it?>> you ask regards ABTX---I guess you have seen that Fidelity have sold all their shares at 50 million dollar loss-- also that JT lost all his margined shares(to pay debts)--it still is showing instability--the key element is the convertibles and death spiral warrants that may still be out their--I would study all available data regards the recent financing before I risk my money on this(which I not going to do)---the ABTX last 8k is written in purposely foggy language regards most recent financing---Auric says death spiral warrants are involved---I need to study 10K,but as I have no intention to buy any ABTX,I probably will not go further in my research---as for some one buying ABTX dirt cheap---that is always possible but tremendous share dilution is going on---dirt cheap would be dirt cheap--I see no premium in their present status.Good Luck,Max