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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC -- Ignore unavailable to you. Want to Upgrade?


To: Questerr who wrote (492)4/25/1999 12:35:00 PM
From: TradeOfTheDay  Respond to of 1150
 
Sorry - you missed the point again. I am LONG net stocks that show increasing revenues and LOW FLOATS. I am short net stocks that show decreasing revenues and LARGE FLOATS.

This stock has a LARGE FLOAT that is going to get even larger very quickly. You can't get the short squeeze necessary with a stock like this.

and by the way - I haven't posted this much on a single stock IN YEARS. But the naivete shown by the longs on this issue begs me !

Happy dreams!



To: Questerr who wrote (492)4/25/1999 1:12:00 PM
From: RockyBalboa  Respond to of 1150
 
Questerr ...

do the math by yourself.

Here are some hints on the numbers for the proposed Leon Black / Apollo investment.

Message 9119178

Don't you believe that a larger hedge fund tries to reduce the counterparty risk by selling out a part upfront?

If I'd invest $75M at these tentative terms then I would seek to hedge away most of the risk and something more at favourable (right now we have them) conditions.

Funny, that different investors may stand at the same side.

IS