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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: NYBellBoy who wrote (26598)	4/5/1999 12:56:00 AM
From: Richard Miller	Respond to of 122087

Afraid I'm still missing something. "If the company doesn't make it what is the value of the warrants? Zippo. So they use the type of financing with recourse." They announced the financing with Comdisco was without recourse. Imagine the same with Prinvest. If with recourse as an accountant, you must know if they were allowed to book it, with a new company, they would have to reserve most of. Further what good is recourse to a company like CYOE. No-There is another answer. Perhaps warrants to buy, and allowing them to short the shares at $6.00; say 1,000,000 of them.