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Microcap & Penny Stocks : DCH Technologies (DCH)

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To: Scoobah who wrote (657)2/21/1999 11:44:00 AM
From: Sid Turtlman   of 2513
 
To respond to a few of your points:

#2. Ahhh... so what the Go2Net's counsel said was, if you sue us and a judge orders us to give you personal information on another poster, then we will give it to you, only then. Not exactly what your other post implied, was it?

#3. What it the world are you talking about? Why should I e-mail the company and suggest they fire you? I could see why shareholders might want that to happen, but I am not a shareholder.

#4. Perhaps someone will post information on Antaeus. What people want to know essentially, is does it really exist? What is its address? Does it have any money? Does it have any revenues? How many employees? Was it formed the day after questions were raised about the press release, or earlier? Things of that nature.

#6. On the contrary, in its website the company admits that it has been doing accounting incorrectly. It has been counting as revenue (which they mistakenly labeled income) amounts that they have been paid for contract R&D, and neglecting to subtract out the cost of that revenue before calculating gross profit (instead, they have been "keeping track of those expenses internally", or however they phrased it.) Other than having a big black headline SID TURTLMAN IS RIGHT, I don't know how they could have been more clear on that point. Since you are an investment banker with six years of experience, I am sure you must have an elementary accounting book to check on this point. Usually the first chapter talks about matching costs and expenses.

I will thank you, though, for the unusually temperate tone to your post. If you continue to eschew the behavior that got you bounced here under your other names, there is no reason why we can't have a civilized discussion.
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