SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : DMRK- Damark International- The Next One?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RoseCampion who wrote (74)8/3/1999 7:29:00 PM
From: dwlima   of 83
 
i was just thinking about this thread...honestly. you should see my life cycle when it comes to investing. i began with long-term value plays, migrated to manipulated penny stocks, then to undervalued gems working to establish e-commerce alliances (SKYM, BAMM, etc.) and now i just short stocks- because most are crap.

DMRK has fairly incompetent management to have not capitalized on their huge customer base. I am not knowledgeable about their dist. infrastructure- so i won't go down that path. i don't like using historical info., like book value, in judging whether companies are good takeover candidates. Do you want this dog? Does this dog want to be sold? do you want to buy a stock knowing that the hope is a buy-out and not knowing at all when (and if) that could happen.

I should have shorted this piece of work a long time ago. some people just don't leverage their assets (customer base, infrastructure, etc) and seem to never change. The only way i would put money here is if the CEO was booted and a proven one replaced him.

i even sent letters to the company suggesting new marketing strategies. and my response, zilch. that told me something.

so, my posting has been limited, but i am still around. take care and good luck

DWLima
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext