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Microcap & Penny Stocks : CCEE Breaking Out
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To: james reinhart who wrote (7427)10/29/1997 4:20:00 PM
From: Ingrid Wilson  Read Replies (3) of 12454
 
My credibility is not the issue, my friend. It's the company's credibility we're focusing on. Their interminable dallying and vacuous press releases merely confirm their ineptitude and inability to discern what is substantive or effectual in business. Witness the string of illogical and disastrous "acquisitions" that were later disposed of at pennies on the dollar. Danny burns through money like nobody's business. Business acumen doesn't run as a strong suit in top management. Hand him a carte blanche? Are you serious?

I rather like Mr. Green of late posting: one of the more erudite and thoughtful posters lately, but wasting his capable insights on evident psychological inventories.

I've admitted my mistake. I'm human. But I revealed Citicorp. I mentioned Bell Atlantic. Do you need a billboard? I revealed that Gaines Berland was sideswiped by that 14A filing in my last post. Who would do that to their own market maker except an absolute idiot?

And who would give Danny more money except a greater idiot? Who would permit him to install a classified board of directors? Who would permit him latitude to do ANY stock split after that travesty of options set forth in the filing? Vote your anger, don't aim it at your fellow sufferers, my friend. But remember GB owns 10M shares. They're an elephant and you're a gnat.

I'm betting I'll be long gone before that stockholder's meeting. Draw your own conclusions. The technology is real. Perot Systems has a bank of engineers contracted by Danny sucking up money putting out a second generation Java applett. If there's no revenue on the horizon, why? More bad managment moves? Possible, but not likely. BT's confirmed the deal in their releases.

Others have seen a pattern in my infrequent posts. It doesn't matter whether you see them or not. But note this post in perspective of the next events. Also note this: the stock RAPIDLY recovered from its shocked lapse to its previous historical trading range. Big block purchases against small lot sales procured that resurrection, not any actionable news. I'm betting Danny's not foolish enough to get crucified in Philadelphia by foot-dragging and promising "news" at subsequent "information meetings". But he doesn't give a "maird melon" (french colloquialism) for his stockholders so don't expect that tiger's stripes to change. Keep that in mind and vote accordingly in Philadelphia. If you're still around.

Ingrid
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