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Re: GoldEagle post# 9935

Thursday, 12/04/2003 10:13:16 PM

Thursday, December 04, 2003 10:13:16 PM

Post# of 82595
GE - think about it. If they were to push the price down with the intent of accumulating as you suggest then they would have to put themselves in the hole very quickly. We aren't exactly talking about trivial sums of money. YOU NEVER PUT YOURSELF IN THE HOLE.

If progress was visible then they would have to fight a 512MM+ float to get there. Not gonna happen.

You can't discount a lower share price (and higher dilution) as a possibility but manipulating the price down so as to accumulate more is not one of those possibilities that you have to worry about. There are others, like the performance of the company that, IMO, should be the litmus for wether this deal works for or against us.