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Biotech / Medical : Ergobilt (ERGB) - Ergonomic Chairs

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To: tonto who wrote (20)9/30/1997 9:34:00 PM
From: Jim Patterson   of 900
 
Aensio is a pain in the #$%^,

I know one of the directors, Brown Glenn is not the type of person that commits fraud.
Asensio has a very large short position that he is getting killed on.
Stock is up from 6 to 14 in about 5 months.
Why is the stock going up ??? the Estimates are for 75 cents in 1998 and that has been raised to 95 cents with the Foniks writer.
Asensio knocked the stock once and it tried to recover in 2 days so he hits it again on the last day of the Quarter. Trying to save some preformance in his hedg fund. which is probably been loosing $$ on the short side for a while.

If the Earnings come through then all of this stuff is just crap.
They have a presentation @ a Crutten dog and pony show next mon and tues. We will see how the stock responds at that point.

Untill then Asensio is a shortseller that is loosing money and has a big mouth, and friends that will help blab his story trying make a name for themselves by moving the stock.

Jim
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