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Re: george8 post# 148805

Sunday, 09/07/2003 9:18:21 PM

Sunday, September 07, 2003 9:18:21 PM

Post# of 704041
CY still has warrants (relatively short fuse, maybe another two years) on $400,000 shares at $15, that is a source of future cash ($6 MM) for NVEC, which they will need to support the growth of their own business (MRAM is not their "current business at all, it will not be for at least two years) in sensors and isolators. That figure needs to be kept in mind as a future support of NVEC stock, and probably much higher to give CY an incentive to exercise these warrants. CY would be in grave trouble if caught "manipulating" the stock of a public company...

AZH

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