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Cray Inc. Message Board

  • only_emmes only_emmes Sep 10, 1998 4:29 PM Flag

    half micron

    I dont know all the intimate details. This is
    what I have heard. They have been unable to solicit in
    a few states for awhile. And the SEC has been
    putting them under pressure to raise capital requirements
    for some time. They have been negotiating with
    various parties and have to agree on a price. Bottom line
    they can not let this fester as it will only lead to
    protracted legal issues. Look for them to get it done
    quickly. The firm does not look like it is going
    anywhere.

    If the accountholders move out it will only lead to
    more buying of TERA. The stock was never marginable at
    HJM.

    SSB was high bid all day. They always have been when
    price is low. then they just pump it back up.
    Unfortunately smart shorts would have covered today given they
    saw a window. I still hear good things coming out
    soon. Most accounts at HJM got in back in the warrant
    days and are not hurting.

    Peace.

    Peace.

 
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