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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: dexx who wrote (4082)3/5/1999 1:00:00 PM
From: Bucky Katt  Read Replies (1) | Respond to of 57584
 
dexx, do you know how to read a sec. filing? The preferred holders will get the cash. The common stock is worthless.

"" If no suitable business combination is identified within a reasonable period of time, the Company may elect to liquidate and distribute the remaining net proceeds to shareholders. If the Company liquidated at the present time, all of the net assets of the Company would be paid to holders of the Company's preferred stock.""

Now who do you think will get that cash?

Nice try buddy!!!!!!!!!!!!!!!



To: dexx who wrote (4082)3/5/1999 2:59:00 PM
From: Investor Clouseau  Respond to of 57584
 
dexx, good find. I couldn't play beacause I'm tied up, but it's fun watching it soar!



To: dexx who wrote (4082)3/5/1999 5:32:00 PM
From: NoWhereMan  Respond to of 57584
 
Dexx, IMHO, you might find a better audience over on the Fishing thread, but if your pick is already in play I don't think anyone on that thread will touch it either.


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