Philipah,
I don't want to disappoint, so here goes...
Everybody, are you ready for this? The best way I can describe
my experience with Speller, is to copy my fax cover I just sent
to Investor's Digest. Just to set the stage, today I called ID
to voice a few of our concerns re BCB specifically, and their
analyst contributions in general. While I was preparing my fax to
them (basically a copy of one of my recent responses to Flora re
our concerns) - they don't have e-mail access - I received a call
from Phil Speller. I had earlier attempted to send him an e-mail
voicing similar concerns, but my server failed and it did not get
through. So, he had not yet read my e-mail, but based on our
conversation, I seriously doubt it will ever be read - so why bother?
Anyway, here is my fax cover message to John Chaplin at ID:
"Re: Investors Digest's Credibility
John,
Obviously, I rang a few bells. As I was compiling the following three
pages for you, Phil Speller called me. I can't tell you how disgusted I am with this phone call!
First, he called me COLLECT! Then he claimed I called him, but upon
questioning, he admitted he heard I had only called Investors Digest.
He then commenced with a long diatribe of investment gobbidly-gook
parlance. When I finally was able to interject with some succinct
questions re his revised projections for BCB, if any, he wouldn't
answer them. He went on and on re how difficult it was for small
companies to get adequate financing. He finally admitted that his
original projection of a stock price of $1.00 was still in the ball
park - we would just have to wait longer (how long, I'm not sure). He
continued with an incredibly long string of invective on people such
as myself who frequent on-line discussion threads accusing us of being
nothing more than speculators looking for insider information. Every
single statement was peppered with, I'll be polite, colourful
language.
Even when I did admit that these threads were prone to sometimes
outrageous comments and accusations, but qualified this with the fact
that most of us were honest investors looking for honest, timely and
succinct feed back, he told me neither did he have the time to check
such threads, nor did he even want my e-mail. At the same time, he
claimed to be a people person, but would not listen to my concerns,
told me he had no time for us, was totally insensitive to my
sensibilities, and would not let me get a word in edge-wise -
ALL ON MY DIME!!!
In my opinion, Mr. Speller is a rude, phony blow hard, and because of
him, come resubscription time, Investors Digest just lost a
subscriber!
John DeMarco" |
