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

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To: Bill Wexler who wrote (6765)2/13/1999 11:45:00 PM
From: Emec  Read Replies (2) of 18998
 
Fraudulent stock promotion. Yep, those banks that have been grabbing up 500K shares have really been getting duped as have 2 pretty good brokerage houses that have raised their 9-12 month targets for the stock to $15-$20. Average daily volume went from 125,000 to about 1 million mainly on institutional buying. What a bunch of saps these banks and mutual funds are falling for fraudulent stock promotion. I am sure HIE would be most interested in your comments regarding their company. I will forward your comments to Mr. Murrie on your behalf. I am sure HIE attorneys would want to look into illegal stock promotion you suspect and posted on the internet.
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