To: Baton who wrote (13127 ) 10/5/1999 7:43:00 AM From: Paullie Respond to of 57584
BDE - Caution to all! A few thoughts. The stock was up past 7 for awhile, after certain investors were noted last spring. Recently, there have been 3 SEC Filings where these investors are registering their shares to "possibly" sell. Shares have also been registered recently to sell to ST. Ammes (that is in the 29 SEP Registration statement.) Now all of a sudden, "Great News" comes out. Surely this news will raise the stock price. See what I am getting at? Invest wisely, PROFITOFTEN, and don't get caught holding all those shares at BDE's new three month high, because IMO, it is only a matter of time until the price comes back down. From the 13 SEP Registration statement: This is an offering of up to 2,902,011 shares of common stock of BRILLIANT DIGITAL ENTERTAINMENT, INC. The selling stockholders named on pages 12 through 16 of this prospectus are offering all of the shares to be sold in this offering. We will not receive any of the proceeds from the offering. BRILLIANT'S common stock is traded on the American Stock Exchange under the symbol "BDE." On September 8, 1999, the closing sale price of the common stock on the American Stock Exchange was $3.44 per share. moneycentral.msn.com Disclaimer: This past summer, I did a lot of DD on BDE, but since July, I have read little on BDE and only skimmed two of the SEC Filings. Please do your own dd, and for the sake of the longs, I hope I am not correct in my assessment of BDE. (Also, I have presented my argument in generalities, because, in this stock world, all the details of the SEC filings are often irrelevant to the overall intentions of the company and the individuals registering to sell shares - and most importantly to the investors' perception of these intentions!) Paullie