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Technology Stocks : Avalon Group, Inc.

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To: Chad Beemer who wrote (337)3/13/1998 1:20:00 AM
From: Eric Fader  Read Replies (2) of 1530
 
Chad -- With all due respect, given the performance of AVAL to date, I don't think many of us are waiting anxiously for your next pick... especially if "Lancelot Link, Secret Chimp" is involved. You know, "fool me once...," etc. If the man doesn't care about keeping his word, the hell with him.

BTW I don't buy that "bid in at .20" routine. If Lance wanted shares of AVAL, all he has to do is bid .15 for them through PBLC, or even HILL, PGON or FRAN. If no one sells to him at .15, then .17 or .18 should do. These MMs are all happy to buy the shares at their bid and flip them to another broker or MM for a penny or two more. And every time I went on the bid, whether through PGON or FRAN, I got hit almost immediately.

I'm still sitting here with my unwieldy position in a completely illiquid stock because I'm waiting to find out if Bernard has been truthful. Lance has already shown me that he is not to be trusted.
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