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Microcap & Penny Stocks : Airstar Technologies, Inc. (ASTG)

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To: Joseph Lanza who wrote (402)2/25/1997 1:10:00 PM
From: uu   of 3967
 
Joseph (and ALL):

> I put my family on the line, investing over 3 million in Xecom. So,
> here's your 1st clue, Xecom's the farm, 2nd clue, the management
> is the farmer, 3rd clue, I keep in touch with the shareholders who
> are the bankers....get it? So, your flip remarks piss me off.

It is becoming interestingly funny! I started asking some questions
about XECM (please go back and read my post #375 and the one
that followed it), and I did not get anything but just a lot of none sense
talk as answers, and that is why I actually became very upset and
'pissed off' (as Joseph puts it very nicely!). Anyway, Joseph go back
and read all your replies to me. Not in any of them you answer any of
the questions I asked you! All you said was to take your word that
XECM is a great company, etc.!! So can you please answer my
questions. I am restating them below (I personally know the answers
but want to see your numbers and see how is it possible that with
these fundamental facts you claim XECM is such a growth
undervalued company!). Here are my questions restated and
re-submitted to you again:

1. Where do you get all the short numbers you claim XECM has? How
can XECM have shorted shares if no one (can legally at least!) short
the stock. And please no talk, just put out the facts (e.g. a web site,
magazine, wsj, etc. anything!).

2. You claim you have over 3 million $ invested in XECM. Therefore
you seem to own a good percentage of the company! If so how
come I have difficulty finding your name as one of the major share
holders of the company. Although I am still looking and have asked
my brokers at Smith&Barney to look further into this.

3. Lets talk about current valuation of the company. In order to do
this you need to post the following basic fundamentals. Once you do
it I promise you you will see that at 20 cents a share XECM is still
an overvalued company!

a. Number of outstanding shares
b. Long term Debt
c. Short tem Debt
d. Assets
e. Available Cash
f. Price to Sales ratio for the past 3 years
g. Price to book value for the past 3 years
h. Expected 1997 P/E (and also 1998)

Also if you can provide the following so much not so basic info. such
as: (You can check these out to some extend via:
sec.gov)

i. Number of institutions holding the shares
j. Largest share owners
k. Insider holdings/selling/buying/etc.

So lets talk facts and no more hype.

As for Mr. Dan Perlow I did not mean to say anything that would
offend him. and if I did I apoologize for that. He stated that he had
shorted XECM before and I simply could not believe it since it is
impossible to do so unless you are a hot shot broker or a market
maker of the stock (in which case it is illegal to talk about it if it is the
same stock you are the market maker of). Later Dan clarified his
comments that he had done it through a market maker/broker of the
stock (which still I have difficulty understanding it since it is illegal to
do so).

Also your remark of:
> So, Addi, to use an American statement "get a life".

I have no idea what you mean by 'American statement'! If you are
implying that I am not an American (you assume that from perhaps my
name) I think that is perhaps the most discriminatory racist statement
you can make! For your information I am as American as you can find
anywhere, and besides to get to the point of stating such
discriminatory statements is very low (in my opinion).

Anyway, Joseph put up the facts and answer the questions I asked
you and lets talk facts and no more hype.

Regards,

- Addi Jamshidi
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