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In a message dated 98-01-06 20:07:11 EST, you write:
> Subj: Re: Cut off of DTN
> Date: 98-01-06 20:07:11 EST
> From: RonAug@xxxxxxxx (Ron Augustine)
> To: omega-list@xxxxxxxxxx
>
>
> Not true! -- On any IPO, the shares held by the Directors, Owners,
Officers,
> etc. are embargoed from being traded for anywhere from 6 to 18 months after
> the IPO date.
>
> 80% of the Omega Stock is privately held -- if you're tracking the big $$$
> losers, that's where you'll find them...
The loses stated in the above paragraph are mostly paper losses. other than
the sweat & tears [because having to deal with us ;-)] the "cost basis" is
negligible.
The BIG LOSERS are the ones that shelled out the $11. Of course we (evidently
not all of us) know who the hard cash winners are ... Otherwise, by now the
subject has been fairly exhausted; except for the fact that the losses may not
be over...
As to your suggested 2nd opinion to Ted Reback in a subsequent message, take
my word for it: it is not required!
-Saul
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