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Re: SOUTHFORK post# 317

Tuesday, 08/23/2005 1:58:25 PM

Tuesday, August 23, 2005 1:58:25 PM

Post# of 3622
Some on the RB board think you might be able to wait and get some at under .03 ... Timing is always difficult for me.... I cannot imagine why someone would want to sell at below .04 .. Not without waiting to take a peek...

I guess it's fear that the LOI won't close. That is a risk. You never know what they might find when they open the books.
If it doesn't close... The MM's could then sell the thing short... drive the pps down and I'm 99% sure it will scare folks into selling at a lower price. In addition, I think Mr. Erhartic's reputation will be damaged too. Planning on keeping much cash around in case this will happen... Because even if the LOI does not close....The company should still pull a net profit in the 3rd Q... I will give the company a chance to stag another ISP..

Given the history of Mr. Erhartic... I see greater odds that it will close then not...



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