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To: Sarmad Y. Hermiz who wrote (60736)6/5/1999 3:28:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 

There may be a very good reason why GE and Intel have not sold their shares. They may
be restricted at the moment. There may be an even better reason. The small float is now
an instrument to lure the brave buyers at $120/sh. If you have millions of shares in the
float, how are you going to do a short squeeze ? Glenn, we learned a lot lately. It cost us
huge $$. I am just puzzled that the lessons seem lost on others.


Sarmad,

This was where I was heading but the only reply I received (you excluded) was GE and INTC had not sold.

By the way, the original investment cash is nearly all gone. IVIL seems on track to lose
the IPO money by end of next year. Are we going to see converts ala amzn here, too ?


This is a fact also. We could go long in the interim waiting for another short squeeze. I prefer to not;-)

Glenn