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Technology Stocks : Able Telecom (ABTE)

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To: Charles Kalb who wrote (448)2/5/1999 10:24:00 AM
From: david james   of 700
 
Here's a response from somone on the Yahoo board that has demonstrated good knowledge of ABTE in the past, and I believe works for one of the divisions.

messages.yahoo.com@m2.yahoo.com

I do find this whole game fascinating. You've got to wonder how any other microcap might survive this onslaught. Take a stock with small institutional following. Sell short 25% of the outstanding shares, and then put out press releases that questions every one of the company's press releases and creates a big fanfare whenever anyone in management moves on to another company for whatever reason.

For most microcaps, one never really knows what negative issues might be lurking beneath the surface. But with ABTE we can be sure that any negative no matter how slight will be broadcast across the net by Asensio. Strangely, this make me more comfortable that we will not get any big negative surprises.

This was my response to someone thinking ABTE was a good short at $10.

Message 7569071

DJ
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