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Technology Stocks : The Panda Project (PNDA)

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To: Patrick Carter who wrote (1102)4/3/1998 12:18:00 PM
From: Mike Farmwald  Read Replies (2) of 1521
 
I've called all of my brokers - no stock available
for borrowing. Too bad, this is the (standard) Panda pattern of
optimistic press releases combined with huge internet
hyping and tight stock availability. It's happened
at least twice per year for the past three years.
It never lasts long, and the main observation is that
the peak price on each spike is lower that the last spike.

What a lame company!

Some of my friends are convinced that JAGUAR (and paul jackson,
and ...) are really Stanford Crane posting.

In Favor:

The posters are childish, obscene and vindictive. Stanford is
childish, obscene and vindictive (from both personal experience
as well as conversation with ex-employees.)

Some of the phrases used (especially by paul jackson) are the
same as Stanford has used. ("you don't have the balls ...", and
others).

Against:

Surely even Stanford isn't stupid enough to risk getting caught
hyping his stock under false names. At a minimum he would risk a
big fine.

I am curious what others think. Another observation comes from Yahoo,
where it's easier to create anonymous false identities. Nearly all
of the Panda bulls on Yahoo signed up in the last week or so. Isn't
that amazing!?

(To JAGUAR/Stanford: much of my short is in the $20s and $30s,
and I have no shortage of capital. Until the company has
a real business with real products and real customers, nothing
will cause me to cover.)

Mike
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