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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU) -- Ignore unavailable to you. Want to Upgrade?

To: Laser who wrote (3276)	4/8/1999 8:21:00 AM
From: Richard Mazzarella	Respond to of 5143

Laser, I have a thought why some of the PPers may have filed for possible sale. It could be as simple as shareholders not wanting to take any more investment risk, but see a path to leverage their MGAU investment. The PP came with warrants in the money at $2. One could sell some of their stock to pay for the conversion. That would have those filing expecting MGAU to be greater than $2 soon. That objective would be a positive for the stock price, not a negative. Just a thought.