Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Never Hibernate who wrote (27028)	4/6/1999 9:49:00 AM
From: Rajiv	Respond to of 122088

What do you think of that part in the article about TURF buying a lot of DLIA's stock? That is VERY strange to me that the subsidiary would try to buy up the parent...hmmmm. What do you make of that? Is that some crude way to get support for DLIA's stock price? hmmmm It indicates that DLIA's management is more confident of raising money through an IPO of a dotcom subsidiary in this crazy environment than a secondary for the parent. Regards. Rajiv

To: Never Hibernate who wrote (27028)	4/6/1999 12:16:00 PM
From: Pluvia	Read Replies (3) \| Respond to of 122088

<<<What do you think of that part in the article about TURF buying a lot of DLIA's stock? That is VERY strange to me that the subsidiary would try to buy up the parent...hmmmm.>>> Don't misunderstand this - iTurf is buying newly issued shares of DLIA, not DLIA stock in the open market. This dilutes DLIA and gives the parent more money - as they're going broke fast, it does not push up the stock of DLIA from buying. Agree with Raj - its easier for DLIA to raise money through sort of "tricking" ITurf investors (by using ITurf proceeds to fund flailng DLIA), than go tot the market themselves to raise money.