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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: LANCE B who wrote (13011)	3/6/1999 7:19:00 AM
From: DoubleOddBuck	Read Replies (1) \| Respond to of 25711

It says in the latest SEC filing exactly that lance, that the common would get nothing in the event of a liquidation. Thats on the record for everyone to go look at. There seems to be some debate about wether they are looking for a business partner or not. People claim to have spoken on the phone with the principal, some say yes, some say no. There is also a tax loss situation that would be beneficial to a future venture though. Another point to consider. Like any shell it has a certain value, even if its just a RTO for a new listing. Most recently on my watch list DVDT did this when they took over the MEXX shell. My opinion is its a hold at .10 for now until more facts become known, there should be another filing at the end of March. Cheers.