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


To: golden_tee who wrote (5150)12/1/1999 11:50:00 AM
From: Bill Wexler  Read Replies (1) | Respond to of 10293
 
The VLNC stock fraud.

Unfortunately, this current tout is not very good. Even though he is doing a fine job in hiding the nasty facts about the company (e.g. technology that doesn't work, massive insider dumping prior to bad news, unbroken string of zero revenue quarters, nonstop stock dilution, using shipments from one subsidiary to another to claim "purchase orders", etc.) the stock does not seem to be reacting well.

My guess is he's probably selling his free-trading shares immediately. Can't blame him.