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

To: Stock Watcher who wrote (9399)	5/23/1999 2:17:00 PM
From: flickerful	Read Replies (1) \| Respond to of 52051

thanks, sw, for yet another tireless update. <eom>

To: Stock Watcher who wrote (9399)	5/23/1999 5:29:00 PM
From: Francois Goelo	Read Replies (1) \| Respond to of 52051

BHUB shareholders, why accept being shafted by the new Management?... 1) Here what's clear, IMHO: + New Management (NM) wants 20 Millions to further their plans AND control the Company through a secret deal, distributing cheap shares to their cronies. + Skyridge who has access to more information than most says the PP deal is not yet done. 2) Possible alternative: + Shareholders are pissed at the PP deal made at their expense and want to fight back. They complain to NM and SEC to have the deal cancelled as being unfair to them. + NM, under pressure from both agrees to cancel the PP. The share price responds and, say settles around $10.00 for the time being. 3) Rights issue to raise 20 Millions: + NM still needs its 20 Millions and is now convinced (with the help of the complaints and the SEC) to act fairly towards its shareholders and renounce the idea of controlling the Company's voting power. + It offers a one for one Rights issue at a discount of 25% to the market which, for simplicity of the argument is at $10.00 per share. This grants every shareholder the right to acquire one additional share of BHUB at $7.50! Many longs would be happy at this opportunity. + Those who don't want to take advantage of the offered opportunity, because they don't have the money or for whatever reason, CAN RESELL their rights at a profit. The discount to the market being $2.50, savvy investors would be willing to pay, say $1.50 for each Right to own a BHUB share at $7.50, thereby saving themselves $1.00/share compared to market. 4) Conclusion: The issue of Rights is a very common way to raise capital for Companies that are not primarily interested in shafting their shareholders and would be perfectly suitable in the case of BHUB. Of course, the figures are only an example and would have to be fined tuned to obtain the exact amount of financing required. IT WOULD NOT DILUTE CAPITAL AT THE EXPENSE OF SHAREHOLDERS OR VEST CONTROL OF BHUB IN THE HANDS OF A FEW SELECT INSIDERS. The above scenario can still be done if all interested parties write the Company and complain to the SEC at: enforcement@sec.gov Regards, F. Goelo + + +

To: Stock Watcher who wrote (9399)	5/24/1999 11:24:00 AM
From: KZAP	Read Replies (1) \| Respond to of 52051

Golly-Geeze! Stock Watcher, your index is sure growing! RTIN- I visted a Fatburger over the weekend and really liked what I saw, and ate! I think with the acquisition of the Fatburger franchise, RTIN will easily make it to the Nasdaq. In a short time! I'm starting to like this thread more and more! ;^) KZAP PS. I don't know how you do it, but I appreciate the hard work!

To: Stock Watcher who wrote (9399)	5/24/1999 10:09:00 PM
From: RikRichter	Read Replies (1) \| Respond to of 52051

SW - EXGP being unchanged today on a very bad day for the Nets indicates strong relative strength. The news for BHUB goes from bad to worse in view of the CEO resignation and collapse of financing. The timing of your index replacement of BHUB with EXGP was superb! I have also added to my DRIV and NETP positions on the recent price weakness. DRIV recently signed on DELL as a client and NETP had great earnings results after the market closed today. Regards.