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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Peter V who wrote (10120)6/24/1999 10:31:00 PM
From: Andrew H  Read Replies (1) of 18998
 
>>You have said so much about a supposed hedge fund manager on the IDTC thread as if it were fact I think they ought to boot YOU off SI.<<

Well, according to the WSJ, Mr. Pink admits to being a hedge fund manager.

>>To: Gary Korn (9496 )
From: blankmind Sunday, Jun 20 1999 12:41AM ET
Reply # of 9943

interesting article about mr pink from the wsj, the first paragraph is a must read and so is the rest of the article: mr pink a hedge fund manager, threats from pinky's against those who do not agree, tactics, sex, ....

Individuals Caught in Crossfire
Of Duo's Battle on Chromatics
By KAREN DAMATO
Staff Reporter of THE WALL STREET JOURNAL

Florida stockbroker Alan "Skip" Davidson and his wife recently fled their home for five days to avoid a barrage of obscenity-laced phone calls -- including death threats -- that he says was unleashed by an adversary who goes by the moniker "Mr. Pink."

It's just one chapter in an odd and disturbing tale of small-stock investing in the Internet era.

"Mr. Pink" and Mr. Davidson, using his screen name "Skipard," have been slugging it out for months on Internet message boards dedicated to the stock of obscure Chromatics Color Sciences International Inc. Mr. Davidson, 56 years old, is a big stockholder and head-over-heels fan of the money-losing New York company, which is trying to market a device to diagnose jaundice in newborns by analyzing their skin color. "Mr. Pink," a Chromatics critic, describes himself as a hedge-fund manager who has sold shares short in a bet that the price will fall.

Caught in the crossfire: lots of individual investors wondering which -- if any -- Internet guru to believe. "Mr. Pink" and his fans have been the big winners lately, as Chromatics shares have collapsed. The stock closed at $5.50 Thursday in Nasdaq SmallCap Market trading, after closing as high as $17 on April 30.

See excerpts from selected posts on the Chromatics message board of Silicon Investor

Battling in the apparent anonymity of cyberspace, "Skipard" has slammed "Mr. Pink" as "pond scum" and a "slimeball." "Mr. Pink" labeled Mr. Davidson "a loser" who "led your followers to ruin."

Then "Mr. Pink" escalated the feuding by posting Mr. Davidson's full name, employer and address on the Internet. "Anyone upset about losing millions on CCSI should call Skip Davidson at [his home phone number]. Or send him a package with a gift to [his full home address]," advised a June 22 posting on Yahoo! Finance. CCSI is Chromatics' stock symbol.<<
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