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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted
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To: David Bleich who wrote (765)3/27/1996 4:52:00 PM
From: Lucas Hsu   of 1014
 
David,

Thanks for your comments -- lets just agree to disagree on this matter
and let it rest. Below are my last words on this matter.

Cheers,

Lucas
__________________________

Regarding your first point:

>First, as we have witnessed on the AOL board, a shorter came along,
>tallied up the shares and realized that a sizeable portion of the
>float resided on this Internet board. Therefore, he gained an upper
>hand on the board. This scenerio was played out this weekend as
>he was able to scare many small investors into selling their shares
>of TLTK at the wrong time.

I too have been following the AOL board. It is obvious to most people
what the guy was doing. The only people who sold were those who didn't
do their homework, investing only on heresay. I don't really feel
sorry for them.

To me ALL information is useful -- just a question of how to profit
from it. The tally at AOL, here and elsewhere should allow us to get
a feel of what is happening in the short term.

>Second, I truly believe that how many shares a person owns is a very >private matter.

True, I am no putting pressure on anyone to contribute to the tally.
Do so only if you feel comfortable.

>Third, I would hope that people do not equate the number of shares
>a person owns with his investor saavy.

I concur. And I never claimed to be a "saavy investor". But I have
done my homework and feel comfortable with this one.
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