Mr. Pink's Picks: selected event-driven value investments Message Board

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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (9185)	5/26/1999 1:23:00 AM
From: MAELING	Read Replies (2) of 18998

BTW, a company called CAIS went IPO last week. I happened to read the proxy months ago and thought that it was so weak that it would never actually make it out of the box. It has, and is dropping like a stone. I would assume that at some point the underwriters will be obliged to support it. If they do, feel free to set up shop. IMHO CAIS is a failing enterprise, without a valid business model, constructed around principal greed and lame technology, lacking barriers to entry, with a guaranteed cash burn from gifted hardware and service to be installed by unrelated outsourcers. Consider it for Mr. Pink's Swim Suit Issue - Basic Offal and Insects.

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