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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (1251)6/7/1999 7:49:00 PM
From: Bill Wexler  Respond to of 10293
 
Wexler initiates coverage of Chromavision (CVSN) with STRONG SELL/SHORT SELL recommendation.

Chromavision is in the business of making "automated cellular imaging system". To put it more plainly, they make a slightly souped up microscope. I use the term "business" loosely since the company has no revenues or earnings to speak of. Much excitement from pending FDA clearance and a strategic relationship with SFE. however, I detect a wee bit of excessive stock promotion in the air, along with the usual overstated market size and understated competition (ref: KERA and BTIM). I believe that now is a good time to begin shorting a bit. Get ready to short a boatload upon any FDA news (positive or negative...an FDA approval will probably cause a rapid spike/collapse similar to BTIM - though the relative volatility will probably remain low, since the short position is minuscule). In either case, the trip back down will be swift and brutal.



To: Bill Wexler who wrote (1251)6/7/1999 7:56:00 PM
From: Mark L.  Read Replies (1) | Respond to of 10293
 
"MCHM looking limp...I'm also covering a bit of the stock..."

Oh, no, you can't be covering. I read on the Yahoo Board that shorts like you are selling, and that's what's driving the price down.



To: Bill Wexler who wrote (1251)6/8/1999 4:50:00 AM
From: Bill Wexler  Read Replies (2) | Respond to of 10293
 
In case anyone has forgotten the HEPH fraud...

It's rapidly approaching the single digits again.

thestreet.com



To: Bill Wexler who wrote (1251)6/9/1999 1:46:00 PM
From: Peter V  Read Replies (1) | Respond to of 10293
 
Nice call on MCHM, I have my target set lower, but it looks like it won't get there today . . .



To: Bill Wexler who wrote (1251)6/10/1999 5:18:00 PM
From: Peter V  Read Replies (1) | Respond to of 10293
 
covered my MCHM today, it was holding up fairly well for the last two days in a down market and I 'm afraid it might rebound once the market does. BWDIK, it could drop to 5 tomorrow. I'm looking around for what's next.