SHRP: The Sharper Image, Profitable making $ on Internet! Message Board

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Technology Stocks : SHRP: The Sharper Image, Profitable making $ on Internet!

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To: brichard who wrote (291)	2/25/1999 9:29:00 AM
From: MarieS	of 353

Brichard, I study many stocks but get on only the most flagrant cases of deceit. This is not an internet stock. Their on-line sales are no different than Gap stores and hundreds of others. No hype from the Gaps of the world about the net. SHRP's on-line sales are miniscule i.e., > 2% of total sales and their auction site is for hype only trying to blur the lines with E-Bay etc. The concept of SHRP as an internet stock is a fraud which is being supported and embellished by an unethical founder, majority holder & CEO -- Dicky, who has sold about 1.0 million shares into his self-generated hype with multi-press releases while downplaying and hiding the bad news. SHRP is a bricks & mortar and catalogue retailer with a highly uncertain revenue and EPS outlook and a very poor financial history. The stock was low single digits before Dicky launched the bunk. SHRP should sell at no more than 10-13X EPS. Also, this 3D stuff is more bull. How many Pentium IIIs are out there now and six months from now? Don't ask Dicky to tell the truth especially on CNBC - more lies by omission. Don't be mad at me, get mad at Dicky for sucking you into a trap.

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