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Pastimes : Wayne's New Cumpinie, Hot Innernut Issue
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To: MKTBUZZ who wrote (344)10/6/2000 10:36:18 PM
From: Wayne Rumball   of 394
 
Somewhere in the South Pacific, Oct 6, 2000 (BS NEWSWIRE) --WR, LB and Associates (Nasdaq:WRLB) Update;

A freelance reporter for BS Newswire spotted WRLB President Weaner Rumberger at a local exotic entertainment establishment. When asked to comment on today's news release Mr. Rumberger had this to say;

"I thought I was clear today. I'm not saying anything. How will the market react? It's obvious from previous trading sessions. If I say we missed market estimates our stock will go down 50% or more. If I say we met wallstreet estimates our stock will go down 25%. If I say we beat walstreet by 50% we might be lucky to get a 5% run on our stock.

I maintain that it is in the best interests of our shareholders we say nothing at all about earning until such time as the market does not give a damn about our PE ratio or our book value and simply is willing to buy our stock at higher and higher prices.

We have some of the best world experts picking up rocks and collecting beer bottles on our various mining properties.

I'll say this, our revenues have never been better."

The reporter was not able to get any further comments from Mr. Rumberger.

Wallstreet reacted to the news by adding futher upgrades to WRLB. Ones analyst said "WR, LB And Associates, despite being at it's 52 week high, is perhaps the most undervalued stock in the market today. I would not be surprised to see it head to 4 or 5 times it's current value. The key here is that they always tell the market what it wants to hear, and the market always listens."
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