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Post# of 93819
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Cassandra

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Cassandra

Re: niz post# 56887

Friday, 01/02/2004 5:31:02 PM

Friday, January 02, 2004 5:31:02 PM

Post# of 93819
That will not happen until the financiers begin their short selling after the registration is declared effective. Also, due to the terms of the Series E convertibles, I don't expect to see them shorting until mid February when the convertible price is begins to float based on the lower of 0.45 or 85% of the average share price during the 10 previous trading days.

For reference, check out what happened with the Series C convertibles in late 2000 to Jan 2001.

~Cassandra



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