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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (2044)8/18/1998 2:52:00 PM
From: Mr. Pink  Read Replies (9) of 18998
 
Repost: Heed the Word of Mr. Pink

To: +Auric Goldfinger (2045 )
From: +Mr. Pink
Friday, Aug 14 1998 5:01PM ET
Reply # of 2061

ENVY is a piece of shit. Their method of writing off acquisitions could be challenged by
the SEC. Although Salomon claims the sales force teach in is next week, and the road
show after labor day, one need only look at the SEC's spanking of McDonalds to see
that they frown on aggressive accounting like that of ENVY's.

The business is also overvalued and they have lost their largest customer, MEDIQ to
MediAmerica, a company currently in registration.

Mr. Pink is short and so should you be.

Mr. Pink

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