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Non-Tech : J.B. Oxford -- Ignore unavailable to you. Want to Upgrade?

To: NoGuano who wrote (1526)	3/10/1999 12:55:00 AM
From: frank meysamy	Read Replies (1) \| Respond to of 2220

Hay dude, If you go back about 100s of post ago, few weeks ago, I mentioned many times, that on-line trading is becoming a real serious deal. It is becoming 24 hrs, wait til Asian and European start filling up the jboh or egrp or sieb applications and start trading u.s. markets(after the regulatory issues will be lifted), wow, these small companies, either will be bought out at much higher premium or become giants on their owns. And to the stupid shorts who are so gridy to get few points out of these cute babies( cause they have evil minds, like to see the destruction of these companies and losses of all longs who believe in furure). I'm going to refer to previous post, here we go: A big shareholder of the company offers to sell his 470,000 shares back to the company for $1.25, instead of selling them in the open market at present price of $9. The company has agreed to the deal because the increase in the float would kill the stock price. The big holder also agreed because he knows that (a) the shares are not worth a $1 and (b) the market will not bare his excess supply. Hay stupid short, Of course Mr. orex(whoever) sell his 470k shares for 1.25, to decrease the float, but when the stock will reach 40-50, then he can sell the rest of his shares to a big investor, or potentional take-over for 40-50 dollars. By the way, If you check out the AMZN 3-4 years ago, nobody believed they can sell books or anything on-line, all the old dogs(money mangers, analysts) were laughing to such an idea, but now, the stock rose from 5-6 dollars 4 years ago to 200 dollars now. Well, of course this is just my opinion, but the time will prove if I am right or not, Good night.