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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: mike.com who wrote (5676)4/6/1999 7:34:00 PM
From: SteelerStu  Respond to of 52051
 
WIRL - I am now negative - Make your own choice

To: Jacalyn Deaner (274 )
From: Jacalyn Deaner
Tuesday, Apr 6 1999 4:57PM ET
Reply # of 275

NOT GOOD - called PR this afternoon - no news is coming out, running on rumours.
The emergence from the bankruptcy deal will be similar to that of HARTQ - but rather
than cancelling the shares altogether, the present shareholders will be issued warrents to
purchase 4% (FOUR PERCENT) of new issues at between 12 and 18 dollars.

I heard that and sold my holdings I had in Discover brokerage, and put my order to sell
at Etrade and don't know what that did yet.

I inquired as to whether the company had received its financing as it required to keep
operations successful and going and if they were going to make their obligations
necessary on the notes by April 15, 1999 - and he didn't know what the filed
documents even said.

I have had enough of this crap. If you want to risk this go ahead, but if you have any
money left you haven't lost in HARTQ get out if you can't take the loss.

See you at other threads, Jacalyn



To: mike.com who wrote (5676)4/6/1999 7:46:00 PM
From: hoffy  Respond to of 52051
 
I can name that tune in 4 letters- IATV.