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Telephonics

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Telephonics

Re: tpaero post# 6194

Thursday, 10/12/2006 5:05:44 PM

Thursday, October 12, 2006 5:05:44 PM

Post# of 29739
You are missing the main reason for this move. It is not share price but rather to wipe out all the shorted naked shares. Naked shares do not have a cusip number so when conversion takes place they become worthless. With thess gone the share price will rise to its true market value.
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