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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: ChiTown who wrote (39747)	7/2/1999 5:04:00 AM
From: If only I'd held	Respond to of 122087

FNCM, I can't see how. At least not for a while. They are printing shares on a daily basis. There revenue looks like it was only 2 million in the 4th qrtr. I don't see it getting much better in the near future. Korell came to the comapny looking for a quick score on some options. He got it. Rawitch knows what the potential is and he has been selling at much lower prices than you got in. The market cap is 1/2 billion dollars on 2 million in revenues in the past qrtr. It just traded 10 million shares on Tuesday and it only closed up 3/4. That's pretty ugly. But what do I know?? I think Oppenheimer pumped and dumped it. Look at the gaps. It was artificially inflated to your price in my opinion. I beleive every comapny has the right to go out and seek investors to execute their business plan, but these guys are selling shares like they are going out of style. They are dumping them overseas now. I am shorting it on the pops. After a day like Wednesday, I can't see how traders would come back to it. But then there is Tokyo Joe, the driving force that pumped it up with Oppenheimer. Maybe he will revisit it again for you and save the day. It's his kind of stock. That's just my opinion. I wouldn't be surprised if it was dead money at this level (or lower) for a year or 2. I smell some rats at FNCM. Somehow, I think PVN adds to the smell, but I don't really know yet. What were you thinking by buying this stock at 12, Chi?? They were fighting bankruptcy when you bought it. And they were boasting a billion dollar cap at that level. I was shorting it lower than that. 10, 14 and 16.