TO INVESTORS: WHY SOME OF US ARE IGNORING DAN MECKENSTOCK:
Two words: crude and contradictory. I am not even reading his posts.
................. Last night he got very crude:
March 5th, DAN MECKENSTOCK SAID..."BTW, when you go see Jimmy next week, take your KY Jelly. He's going to like you!"
see the last line (if you need proof):
Message 8180040
ANOTHER DAN QUOTE:
"Everybody likes a little ass, but nobody likes a smart ass."
post #2406
Last night he totally contradicted himself from his posts on March 2nd, when he said he did some great DD and loved the company (see below):
ON MARCH 2nd DAN said this:
To: Brian K. Caudill (1393 )
From: Dan Meckenstock Tuesday, Mar 2 1999 10:45AM ET
Reply # of 2414
DAN, MARCH 2nd: "The contracts are real and the margins are high. They have two suppliers and should be able to keep up with sales."
DAN, MARCH 5th: "Talking to 37 companies is OK, but nothing was said about present customers. Maybe there aren't any?"
DAN on MARCH 2nd:
"As I add the contracts up for the Model 111R, it looks like this.
01/14 Ford $19.6 million
02/03 GM $3.8 to $7.8 million
02/10 F&M MAFCO $2.7 million
03/02 Nascar ??? million
I have no numbers for the A07
These guys could easily be doing $20 to $40 million in revenues by years end. Which
BTW makes the Sales/Price ratio between .25 to .5 at todays price.
The 111R tests for:
1) leaks as small as hair line and 1/2 lbs pressure
2) electrical problems via signature sound, eg. cracking in arcing
3) inner workings, eg, bearing, valves, etc. EOM"
'NUFF said |
