Hi Jack: His track record is one thing, but how he maintains it is
another, I have not found a lot of honesty in this wall street
gang except when it's convenant for them. Don't know fraz about
Miller..but it's like with out knowing I have to factor in the
some pitch..All lawers are not crooks..but would you trust one
you didn't know ? Just because he is a Lawer and has won most of
his cases, point..look at Percy Forman..he's won a lot of cases,
do you think he's honest ?
do you belive brokers and fund managers have more ethics than lawers ?
so untill I know this Miller guy, I won't buy into any of his
pitch , it goes with out question most of them will toot a stock
weather they are long or short..the self interest is there ,
on an average more stocks go to the dogs than make it..sure
they point at so and so..and say if..they never point at all
the ones that have been de-listed..buy means hold , hold means sell,
sell meanns short..<G> look at all the sells on cch..look at what she
did.., look at how often the recomendations go the other way,
the big boys tell you SME is a sell right now at 3-1/2 they
even down graded her dept..( she has more book value and cash on
hand at this time than she has had in 3 years ) her intristic
break up value is higher than ever..they down grade her ? crap
not only that she has a fair inventory..it's not an inventory
of high tech stuff her main product is ..gold..which has
just gone from 340 to 365 in the last 21 days..and they down
grade her..I just put a buy on SME..at 3-5/8 and another at
3-1/2 in case she ticks that low..they are either stupid, or
lying..they just but this sell on her, it pushed her down,
now watch her go up, you listen to the fumbdums youll go crazy
anyway look around and you can hear what you want, and if you
wait untill the gang agrees..then the party is over..
do your own home work..look beyound the press releases, seperate
the news from the noise..who is doing the work on the AOL net work
WHY ?..who do they lease modems from..why would they not talk
about that ? How come no churn rate..just a ( ah not unusal )..
crap..it's a big Centennial..but no bodies takling yet..
the profit has been padded all a long..GAAP..has not been used
and don't be surprised if you hear of an SEC investigation, that
by then it will also be to late to get out of the stock.
As for Tel-save and her 37 employess coming to the rescue..thats
cute..as for ADDs on the net reaching a lot of people,
guess agine and look at the numbers, with max of 350,000 modems
( maybe by june ) and the "wide field" of stuff for people to look at..each add has maybe a chance of being hit or looked at by maybe 35 people on any given day, how much would you pay for that..
Jim |
