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Microcap & Penny Stocks : DFNL - Definition, LTD -- Ignore unavailable to you. Want to Upgrade?

To: Rusty who wrote (667)	3/10/1999 7:26:00 AM
From: macker	Read Replies (1) \| Respond to of 723

reverses are generally bad for current holders. in dfnl's case it was bad for existing holders because the rs was 20:1, but for new holders, there is only 280,000 shares in the float and management has 180,000 of it tied up, so it moves on very little volume, i talked to world vision and they appear to be happy with the progress of current negotiations with current potential buyouts and buyins, i will give them their time to do things the right way. jmo, but yesterday sure seemed like a staged sell off on 500 shares sells, a trade was even backed out at one time, like an mm was saying oops, i didnt really need to sell those!