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To: Razorbak who wrote (81)3/18/1999 8:01:00 AM
From: Mad2  Respond to of 477
 
Its a leveraged play. I've been looking at it and understand they'll report strong earnings for the 1st Qtr (4th was very good also). 20 mil of debit is in a 6% conv. that converts at 14.33/share. I think NIL can get to 14-15 near term. Only thing I don't like is insiders (Skandalaris) listed on the S-3 to sell a lot and that it's very thinly traded. It's a near term play.
Mad2