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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K

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To: John Chapman who wrote (3852)6/5/1998 3:34:00 PM
From: Michael Sphar  Read Replies (1) of 7491
 
Hi John, I'll certainly agree that this concentrated interest in CSHK appears to be anomolistic. However I don't think there are simplistic blanket conclusions that one can draw from that, like 'they are a group of short-sellers seeking to harm the stock' or the like.

If you look at the whole FBN charade, which seems to have started as a reaction to Y2K exuberance last year, these are (and I again include myself) a group of SI-addicted people who are loosely amalgamated around certain points of mutual interests. Here are some: they enjoy reading, researching, humor, and investing, Y2K related discussions and posting.

Bottom line, I don't think any of them(us) have as a specific goal the destruction of CSHK's shareholder value. On the other hand, if CSHK can hold up under the analysis and scrutiny that this attention brings, then you and the other shareholders might stand to benefit in the longer run. Certainly this dialogue has yielded more information about the company than was present when you wrote this at the Thread header:

"I do not know much about this company except that I own it."

You know as the saying goes, knowledge is power, and the public sharing of that knowledge is at the essence of what SI is all about.

By the way, I came across one of your early posts on the Xicor thread
a few days ago, as I was contemplating the horrible beating that stock has taken these past 10 months. I hope you don't also feel my pain on that one.
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