Is this you Elgindy ?
Subj: RE: Anthony Elgindy aka Anthony@Pacific
Date: 1/20/99 6:24:30 PM Eastern Standard Time
From: xxxx@erols.com )
To: TokyoJoe@mail.com
-
>>My point regarding Chatfield is that they have a dubious history
>and were listed in the same article as Elgindy..
>
>Elgindy IMO and others I know who wre suing him
>is a pretty insidious figure. xxxxxx ,who started the PNLK
>pump and the absurd valuations for the company at the time of your
>article, is somehow affiliated with Elgindy. based on his interactions
>with Elgindy (Anthony@Pacific) and where he posts on Silicon Investor.
>
>Once the stock is pumped, Elgindy gets an outfit like Chatfield to do a
>report to puncture the irrationally exhuberant bubble that his underling
>"xxxxxxxx" pumped. Since Elgindy trades on the Instanet,
>he can trade on markets like Canadian ones to short otc-bb issue shares.
>
>So Elgindy profits on both the pump and the dump. Chatfield is complicit,
>and you just report the story based on the belief that "the company"
>is repsonsible due to its attempts to market through the Stock genie
>Newsletter.
>
>I agree at the time of your writng that PNLK wasn't a $8 stock with
whatever
>market cap that implied. However, I disagree that PNLK is somehow a "stinky
>company". The company had to change website developers and that delayed all
their
>marketing and membership sign ups and efforts.
>
>>
>>
>Now back to Elgindy, if you read through the info below and other info I
>copied you on, you'll see that Elgindy was formerly a sleezy mm, who lost
his
>registration.
>
>Instead of prosecution, he became a SEC informer. However, instead of doing
>his job diffidently, he first trades on the inside info he receives both
from
>Wall Street and the SEC before noting anyone's transgressions to the SEC.
>
>From what I've been told, he did a show on 20/20 that was delay though
>others didn't
>know it. he traded on the info that was later disclose on that show that
>created market activity.
>Plus he also is suppose to have a very sophisticated trading system that is
>interconnected with 9 or so offices so he can effectively direct market
>activity through collusion and arbitrage trading.
>
>The thing that is most sickening and makes me the most indignant is that he
>professes to be on the side of "the small investor" because of his
connections to the
>SEC.
>
>Also because of Elgindy's connections to the SEC, he acts as if he has the
>impunity to say and do whatever he wants to no matter how manipulative or
libelous
>it is. I certainly hope this isn't true, and almost on the verge of driving
down to
>DC to confront John Stark on this issue.
>
>
> |
