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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Jim Bishop who wrote (46967)	5/15/2000 11:36:00 PM
From: Fred C. Dobbs	Respond to of 150070

Hi Jim, Thanks for posting. I guess I better start making or losing some money so it'll give them something to catch me on. The worst they could do right now is give me a sobriety test to see if I should even be allowed to trade.

To: Jim Bishop who wrote (46967)	5/15/2000 11:59:00 PM
From: CIMA	Respond to of 150070

MANIPULATING THE MESSAGE "USING BIZ TV TO DUMP THE DOGS" I was riding up the elevator the other day with a hedge fund manager who had just appeared on CNBC. He was not a happy camper. "Can you believe, " he groused, "they spent so much time discussing the market, I didn't have time to push my stocks? I only go on TV to flag a few of my dogs." This money manager was not kidding, nor was he alone. Some mutual fund managers go on TV to generate publicity for their funds. Others go on for ego reasons, but many do so to push stocks. Before you follow their advice, think about what stocks they are actually going to push. Most managers do not push the stocks they are currently buying- they usually push stocks they like, but are stuck with. If a money manager was trying to buy a stock, the last thing he'd want to do is to create more buying interest by talking about it on TV. That would only raise the price the manager would have to pay. Managers are notoriously tight lipped when buying stocks. Even my closest friends will not tell me about a stock when they are buying it. They'll wait until they have a full position before urging me to buy it. (That's what friends are for.) Every manager has a few big positions that haven't performed well. He may like the stocks, but he does not want to buy more. Instead, he wants them to go up so he can sell or at least improve his fund's performance. These are the perfect candidates for recommending on TV. A few weeks ago, when Microsoft plunged, a number of managers went on television to support it. "This is still a great company," one said, "We would be buyers at this price...." While this may sound like a pretty clear statement of support, it is anything but. This portfolio manager is not saying he is buying. Hi is saying, he would be buying. What he probably should have added is "... if I had not bought 5 million shares at $ 100 and now own all I can afford to," The same thing happened with Cisco Systems. After the company was trashed in an article in Barron's a week ago, money managers rushed to its defense. I watched a prominent manager extol Cisco's virtues. When the TV interviewer asked if he was buying the stock, the manager said, "We had orders on the desk today." "We had order on the desk" is not an answer to "Are you buying the stock?" The question is a simple one- every manager knows whether he bought or sold a stock. The answer is "Yes, we bought 500,000 shares," or we still like the stock, we have not bought more, "But "We have orders on the desk" is not an answer. The reality is that the person who is actually trying to buy 2 million shares is not going to go on CNNfn or CNBC and tell you his intentions. The person who is going to go on is the one who is stuck with a big position and is trying to convince others to help him out. Money managers should not be expected to tip their hands. They have the right to buy and sell stock without generating a lot of additional interest. But people watching them on television should understand their game. ______________________________________________________________________ To unsubscribe, write to NSDQMerlin-unsubscribe@listbot.com ______________________________________________________________________ Advertisement: 15% off Ashford Collection jewelry for Mother's Day! Mom will love these gorgeous pieces handpicked by our expert jewelry buyers - now 15% off and shipped FedEx overnight FREE! Spoiled as a child? Return the favor - get her gift at Ashford.com. on.linkexchange.com

To: Jim Bishop who wrote (46967)	5/16/2000 1:17:00 AM
From: CIMA	Respond to of 150070

DSNY & MP3? - shooting pennies - www.shootingpennys.com DSNY has become fully reporting, and there are rumors of a buyout by MP3, since there technology could end MP3 legal problems of labels and musicians not getting paid. This stock should provide a nice run over the next few days as there is big news expected to hit also. Here is a copy of the press release. Destiny Media Technologies Inc. Form 10-SB; S.E.C. Comments Cleared VANCOUVER, British Columbia--(BUSINESS WIRE)--May 12, 2000-- Destiny Media Technologies, Inc. (Pink Sheets:DSNY) is pleased to announce today that it has received confirmation that the company's 10SB filing with the Securities Exchange Commission has cleared comments. The Company became a "reporting company" effective on January 29, 2000, as that term is defined in the Securities Exchange Act of 1934. The company's annual, quarterly and all other reports required by the Commission can be found at www.freeedgar.com (Central Index Key: 0001099369). Destiny Media Technologies, Inc. (http://www.dice.net) has developed a suite of enabling tools, which facilitate the distribution of digital media through the internet in either a streaming or downloadable form. The RadioDestiny Broadcaster(TM) (http://www.radiodestiny.com) allows a user to broadcast live or scripted audio from a computer to anyone on the Internet. Clipstream(TM) (http://www.clipstream.com) enables web pages to stream audio without the use of a player. The MPE(TM) (http://www.destinympe.com) system provides e-commerce and digital rights management directly from within a multimedia file. MPE(TM) delivers MP3 files in a secure wrapper, and is compatible with existing MP3 infrastructure and devices. "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. CONTACT: Destiny Software Productions Inc Paul Andreola, 604/609-7736, ext. 25 toll free, 1/800-8-DESTINY fax, 604/609-0611 destiny-software.com ______________________________________________________________________ To unsubscribe, write to troopscott-unsubscribe@#######.com ______________________________________________________________________ Advertisement: 15% off Ashford Collection jewelry for Mother's Day! Mom will love these gorgeous pieces handpicked by our expert jewelry buyers - now 15% off and shipped FedEx overnight FREE! Spoiled as a child? Return the favor - get her gift at Ashford.com. on.linkexchange.com (Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)