Mr. Pink's Picks: selected event-driven value investments Message Board

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

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To: Boom Dog who wrote (3673)	10/10/1998 2:04:00 PM
From: Pluvia	Read Replies (1) of 18998

Broomdog, Before scribbling information you parrot from someone else who is without a clue, I suggest you understand the subject matter. Particularly if you want to challenge my knowledge base. When you wrote this, you really had no idea what you were saying. In fact, I'm a little worried you were feeding on a bad batch of nuts... <<<If you have been following REXI's Yahoo thread closely, you would see that Mr. Pluvia had some fundamental misunderstandings about how REXI handled gain on sale accounting. This doesn't mean that REXI isn't a good short sale candidate. It just means that you should judge the accounting issues yourself, rather than trusting Mr. Pluvia.>>> I have a full grasp of the accounting issues facing REXI, including gain on sale. Considerably better I might add, than any of the other posters on REXI's Yahoo board. Know your place in the big picture before opening your beak and squawking. If you are a parrot who follows the lead of those who actually do research, know the boundaries of your cage, and know the hand that feeds you. Cheers Steve

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