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Post# of 92667
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Investorman

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Re: hrct_bull post# 1458

Saturday, 05/05/2001 4:16:31 PM

Saturday, May 05, 2001 4:16:31 PM

Post# of 92667
hrct bull - There is one additional factor in the SA IPO that hasn't had much discussion. The Kwon brothers own 50% and the IPO cannot go forward without their ok. If the IPO was at one time projected to raise an amount significantly greater than would be possible at the moment, is it not possible that they are the reason that it is being held up? There are probably a number of factors at work here but they would all have a bearing on the Kwon brothers decision process also.

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