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Strategies & Market Trends : Floorless Preferred Stock/Debenture -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (637)7/10/1999 5:41:00 PM
From: David Sirk  Read Replies (1) | Respond to of 1438
 
NEVER gets to see the money? Or is it held up in red tape by the insurance company. look I'm not going to pretend that I know everything about business and I am always open to learning. The way I look at it If I'm right the stock is trading over 2 bucks and I'm sitting on FREE shares by next week. If your right I'm screwed and I will be very lucky to be able to sell out at .20 next week. Like your more stable fellow in the room said. Lets let the market decide.



To: Zeev Hed who wrote (637)7/10/1999 8:26:00 PM
From: ISOMAN  Read Replies (1) | Respond to of 1438
 
The Job at hand here, isn't to convince David Sirk that CLVE is in trouble and will cause some financial pains for innocent investors.

David Already invested 80 grand in CLVE in the 50 cent range.

No matter how you explain it to him, he will ignore the blatant warning signs.

Afterall, all that matters to Sirk is the 80 grand he put into CLVE.

What does matter is that would be investors in CLVE, be made aware of the dangers that are coming.

It is the newbies that he will suck into this stock, that must be educated and made aware.

You see, David understood why this type of financiing was bad news with PLRP, but with CLVE, it is a different story. It is an 80 thousand different story.



To: Zeev Hed who wrote (637)7/10/1999 10:36:00 PM
From: BDR  Read Replies (1) | Respond to of 1438
 
Zeev- this discussion of AVF piqued my interest and with a little investigation I learned we are talking about a mobile fluoro unit. Since I am in the medical field and run my own office I feel qualified to comment on the A/R issue and you are absolutely right. There is a major problem here.

For a physician's office: two months of receivables in A/R- doing pretty well. Three months- OK but you might want to look at your systems to see what you can improve. Usually anything beyond 120-150 days is unlikely to ever get paid. 180 days is as good as a right off and you might as well think about turning them over to collections if you are so inclined. 17 months? Forget it. Either they have the most incompetent person on the planet doing the billing, nobody at all doing the billing, or some kind of fraud is being perpetuated.