Oh Mr. Truthseeker,
You still haven't responded to any of my substantive posts. Do you get it that your bashing is just falling on deaf ears. All the threads you bashed are rising up and reporting you as appropriate. (or is that you are in-apprpriate?)
I leave you with some words that have been well-received from last night:
I had a nice dinner and decided to check out your site. It's very nice. I commend you. There is a lot which I agree in your philosophy.
I did notice that you are VERY LONG on PTVL - Preview Travel.
Here is a quote from one of their SEC filings:
Anticipated Losses. The Company has incurred significant operating losses and, as of September 30, 1999, had an accumulated deficit of $77.1 million. The Company believes that its success will to a large part depend on its ability to increase the number of registered users and customers and to increase sales volume to realize economies of scale. As the Company increases its spending for product development, advertising, customer service, facilities, international expansion and general and administrative expenses, the Company expects to continue to incur significant operating losses on a quarterly and annual basis for the foreseeable future, and the rate at which such losses will be incurred is expected to increase significantly from current levels, resulting in corresponding decreases in working capital, total assets and stockholders' equity. In particular, the Company's operating expenses have increased, and are expected to continue increasing, in 1999 as compared to 1998, primarily due to scheduled increases in the Company's payment obligations to strategic partners and advertising and marketing expenses for the Company's online travel services, resulting in corresponding increases in operating losses and decreases in working capital, total assets and stockholders' equity.
Tell you what bet XYBR will be here long after PVTL goes under. Ironic that the Half Truthseeker a/k/a Shades of Truth has as his number one pick a company that has very little future and is admitedly by its own SEC filings on the verge of disaster.
(Poetic license learned from the Truthseeker school of ANALysts.) |
