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To: Rob29 who wrote (4580)	3/6/1999 11:00:00 AM
From: trader14U	Respond to of 5300

Rob, please put your feelings for the stock aside for 1 minute. Why would a company give wcti 10 or 15 mil. and agree on a floor of 10 dollars? What happens to card. investment if the stock falls to 8 for arguments sake. That wouldn't be an impossible scenario would it? What entity would be naive enough to put such a high floor on a deal such as the one you are suggesting? Please try to be objective when you think about this! Please. It just doesn't make good business sense. What if the stock goes to 5 or 6 and sits there forever. Does cardinal just suck wind? Thanks for taking the time to respond without insults. Regards

To: Rob29 who wrote (4580)	3/6/1999 11:12:00 AM
From: realmoney	Read Replies (2) \| Respond to of 5300

''Effectively, assuming that WCTI takes down the full $15 million, we will have given up shares equal to approximately 12.55% of the existing shareholder base in exchange for this substantial equity injection. Fully diluted, approximately 11% of the outstanding shares will be owned by the new shareholders.'' The company seems to be referring to a percentage of the number of shares outstanding and says nothing about the value of those shares. It says nothing of the price. You guys are doing the math based on the current price because the company did say it was at a fixed price. But why on earth wouldn't the company just say what that fixed price is? It makes for much better PR, if they allow you to do your own math and draw your own conclusions. If they spelled it out in simple english and told you the true terms of this so called fixed price, the stock would crumble. Truth is it will crumble anyway, but the longer they can string you along, the more money they can make from the C/D.