SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : International Heritage (IHIN)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gutterball who wrote (86)3/20/1998 8:03:00 AM
From: Bob Davis  Read Replies (1) of 454
 
Dan,

I was about to eliminate this bookmark on SI when I saw that the discussion was continuing...

"The consent decree proposal, that calls for IHI to resume selling products, but bars it from recruiting new sales representatives" is not an indication that this outfit will somehow survive and again return to $30 bucks a share. This is being put in place solely to keep the existing sales reps from screaming bloody murder and becoming litigious.

This company is reportedly headed by a former manager at F.N. Wolfe, which was one of the most disreputable of the "pump-and-dump bucket shops". The SEC put them out of business several years ago, and may have barred this guy from the securities industry...at which point he moved on to another "entrepreneurial opportunity".

Dan...your profile on SI reads "Ride winners. Cut losers. Manage risk". Well, it is time to cut this loser.

By the way...you wrote "but I am suggesting some have tried to grab headlines by simplfying the issue at the expense of IHI and its representatives. Ironically, these people do not provide full disclosure when trying to sell their copy." To provide full disclosure, I have no interest whatsoever, either long or short, in this company and I don't personally know anybody who does.

Bob Davis
The Napeague Letter
napeague.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News