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Technology Stocks : Research Frontiers (REFR)
REFR 1.580+0.6%10:02 AM EST

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To: N. Dixon who wrote (3358)2/6/2003 3:55:52 PM
From: Bill Wexler  Read Replies (1) of 50113
 
BILL WEXLER'S RESPONE TO "ASENSIOEXPOSED" QUESTIONS:

1) Have you ever been associated in any way with or a related business entity?

UNDER PENALTY OF PERJURY I STATE THAT I HAVE NEVER BEEN ASSOCIATED WITH OR AN EMPLOYEE OF West Highland Capital Management OR ANY OTHER HEDGE FUND. I HAVE IN THE PAST - HOWEVER - TALKED TO AND TRADED EMAILS WITH VARIOUS MUTUAL AND HEDGE FUND MANAGERS.


2) How do you explain the extraordinary number of picks that you and West Highland have in common? Especially your ability to post a message with nine picks, every one of which was a West Highland holding.

IT'S CALLED COINCIDENCE. I TRADE A LOT OF STOCKS, I SHORT A LOT OF FRAUDS...MANY OF THE FRAUDS ARE UNDER ATTACK BY MANY SHORT SELLERS. JUST ABOUT ANY ACTIVE TRADER WILL HAVE A PORTFOLIO WHICH WILL MATCH UP WITH SOME MUTUAL FUND'S POSITIONS, HEDGE FUND'S POSITIONS ETC. I HAVEN'T STUDIED WEST HIGHLAND'S POSITIONS, BUT I WOULD BE WILLING TO BET THAT THEY HAVE TONS OF STOCKS WHICH I NEVER EVEN LOOKED AT.


3)Why do you refer to "we" in some of your messages if you are an "individual investor"? Who is the "we" in the following statements of yours?

We presume Earthshell's last-ditch financing effort through Acqua Wellington to be a variation of a "toxic convertible".

We believe that this is simply a cover story.

We actually spoke to one of the engineers at Toyota.


"WE" REFERS TO MY FRIENDS (OTHER INDIVIDUAL INVESTORS) AND I. ON OCCASION, I WILL POOL MONEY WITH OTHER INVESTORS WHEN WE WANT TO TAKE AN UNUSUALLY LARGE POSITION.

4)Were you referring to yourself when you said, "Gosh, I wonder who could have possibly bought this fraud to the attention of short hedgies?" (It sure sounded that way). And if so, which hedge funds were you referring to and what is your relationship with them?

YES. AS FAR AS WHO I GAVE THE IDEA TO...IT'S NONE OF YOUR BUSINESS. I WILL TELL YOU THAT IT WASN'T WEST HIGHLAND OR ASENSIO.

Are you truly using your real name ("Bill Wexler") when you post messages like this one? Scout's honor, Bill?

Pantherschmuck
by: billwexler

Since you seem to be a Yiddish expert, I assume you know what "schmuck" means.

I want you to do me a favor. I want you to hang out here until this stock hits 5 a share, because you'll need money and I'll be willing to toss you $20 to [expletive deleted] your mother.

YES. BY THE WAY - THE SAME THOUGHT APPLIES TO YOUR MOTHER. SEE YOU AT 1 A SHARE.
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