TMSR mentioned in the Red Herring!!
The July 1999 issue, page 140, written by the pres of Cannell Capital Management: "In my view, the greatest investment opportunity today is in pairing long positions in strong 'franchise' Internet companies . . . with the short sale of weak pubescent companies. These so-called concept enterprises generally have untried management teams, thin balance sheets, toxic convertible financing, unknown auditors, whiffy promotion, and hokey products. Companies like Pinkmonkey.com, Millionaire.com, Bluefly, Thrustmaster, Youbet.com, and 5tyh Avenue Channel all fall into this category."
ROFL!!!
-- Pete |
