MSEL Message Board - Msg: 15806583

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Microcap & Penny Stocks : MSEL

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To: Arthur Tang who wrote (1170)	5/16/2001 7:58:32 AM
From: Arthur Tang	Read Replies (1) of 1200

Sad news between the lines of the financial news is that the $100 million cash was burned within six month. The late payment of $37.5 million only give MSEL a $46 million cash in their current account, March 31. The burn rate of close to $20 million a month, shows how bad a situation is at Optisel(formally Value America). Serious cost cutting and change of management there, is urgent. Sadler got sad and quit; and Jensen was brought in to run factoring again. Even Jensen's own investment in MSEL stock is not going to hold it above a dollar for long. Stock certificate is only good for papering your bathroom walls, as the old saying goes.

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