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Non-Tech : Bill Wexler's Dog Pound
REFR 1.7490.0%3:46 PM EST

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To: Bill Wexler who wrote (732)4/23/1999 5:26:00 PM
From: Bill Wexler  Read Replies (5) of 10293
 
MCHM/CCSI - strong sell/ short sell recommendation.

I believe we are approaching the apex of the MCHM and CCSI pumps. Janssen-Meyers has been disseminating a new round of hype and misinformation about both stocks in their continuing campaign to defraud small investors. MCHM is the "safer" short and a bit less volatile because the float is fairly large and the current short position is reasonable. Furthermore it has the highest market cap of all the ED frauds (SNTKY, ZONA). I don't think there is much more upside to MCHM before it tumbles back to the mid/low single digits.

CCSI on the other hand has nearly 30% of its float shorted. There is no doubt the pressure is on and we may see a buy-in climax as early as next week.

I strongly recommend calling your brokers before market open every day starting Monday morning to reserve shares. Watch the activity carefully during each day - if there is a sudden large price/volume spike on no news, short the shares immediately.

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