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

To: Jim Spitz who wrote (37164)	5/26/1999 9:16:00 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 122087

There are many out with "put" agreements. Also REFR has one, I remember. The deal is not bad for either side: "The purchase price for the Put Shares will be equal to the lesser of the Market Price for such Put minus $.25 or 92% of the Market Price (lowest intra-day trade price for the Common Stock on the principal market for the six (6) days immediately preceding the date of the applicable Purchase Notice, subject to the condition that the six day low price includes trades of more than 10,000 shares), but in no event can it be less than the Company's designated minimum put share price as set forth in the Advance Put Notice. " Not too hard to do for the investor with a discount of at least 8%. (25% if the price of ECEC is $1.), AND the lowest intraday kick, instead of the usual trade averages. Now look at different I/D charts and see the brief but steep dips of certain shares.