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Non-Tech : DMRK- Damark International- The Next One? -- Ignore unavailable to you. Want to Upgrade?

To: RoseCampion who wrote (74)	8/3/1999 7:29:00 PM
From: dwlima	Respond to of 83

i was just thinking about this thread...honestly. you should see my life cycle when it comes to investing. i began with long-term value plays, migrated to manipulated penny stocks, then to undervalued gems working to establish e-commerce alliances (SKYM, BAMM, etc.) and now i just short stocks- because most are crap. DMRK has fairly incompetent management to have not capitalized on their huge customer base. I am not knowledgeable about their dist. infrastructure- so i won't go down that path. i don't like using historical info., like book value, in judging whether companies are good takeover candidates. Do you want this dog? Does this dog want to be sold? do you want to buy a stock knowing that the hope is a buy-out and not knowing at all when (and if) that could happen. I should have shorted this piece of work a long time ago. some people just don't leverage their assets (customer base, infrastructure, etc) and seem to never change. The only way i would put money here is if the CEO was booted and a proven one replaced him. i even sent letters to the company suggesting new marketing strategies. and my response, zilch. that told me something. so, my posting has been limited, but i am still around. take care and good luck DWLima

To: RoseCampion who wrote (74)	9/28/1999 10:14:00 AM
From: RoseCampion	Read Replies (1) \| Respond to of 83

Just a once-monthly update...<g> There's been considerable discussion on the Yahoo DMRK board for the past month due to the 40%+ rise in the stock's value since early August on no, zero, nada substantive news from the company. Speculation (somewhat corroborated by viewing Level 2 quotes) that there's a 'mystery buyer' who is taking any and all shares available, but doing so slowly so as not to send the price up quickly. The company still doing share buybacks? An outside firm (e-commerce?) trying to build an equity stake? Anticipation by institutions of a runup related to Damarks (sadly underpublicized) E-commerce efforts? The stock is still fairly thinly traded (~45,000 shares/day); at 10 and change it's still only going for 1.9x book value and .20x trailing sales. The float is very low (perhaps as little as 1.5M shares or less) and the entire market cap still only about $60M. There's a potential for a moonshot here if it was seen to be an Internet play or potential takeover target (for its distribution facilities, to name one attractive asset). If you're interested, view the last couple dozen messages on the Yahoo DMRK thread (it's remarkably free from hype and spam). I'd be interested in anyone else's perspective on this on. ~Rose~