To: Jetter who wrote (2145 ) 6/13/2000 1:31:00 AM From: dbernet Respond to of 3392
: Henlif Answers Greenberg From Clear Station: Robster, agreed on Greenberg, he is really scraping the barrel for a story now, problem is he has fabricating one where the facts can be quickly checked out. ragingbull.com My letter to Herb Greenberg: Dear Mr. Greenberg: I am the "henlif" you referred to in your column. I would like to know how why you think the information I posted about the PR firm was "inside information" when it had as much to do with the price of the stock rising or falling as if they told me they switched office product suppliers from Office Depot to Staples. In addition you referred to my having a conversation with Mike Morrell in April, about a PR that was to be posted the next day. If you would have read that post and the follow up posts, you would know that I called the company to inquire why the stock was diving that day. I was told by the receptionist that I would be called back by someone, but I was number 65 in line. It was at 9:30 that evening when Mr. Morrell called me to tell me they would respond with a PR in the AM. Information like that given at 9:30 PM, long after the markets were closed, about a PR that was released at 7:00 AM, long before the markets open, does not give anybody an advantage to buy or sell. If you believe that anything Mr. Bivens or Mr. Morrell told me was "insider" information that would affect the price of the stock, then I have some oceanfront property in Kansas in which you might want to invest. ---------------------------------------------------------------------- I had suspected as much about the April timing. There was another article about the president of one of the firms that has a small order with CYBR, implying that he was involved in a scam, although he was never found guilty of any wrong doing and the SEC had no comment on the matter. Greenberg went on to point out that the presidents two brothers were imprisoned after the investigation. This comment raised a flag as he didn't say what they were imprisoned for (DUI?), how long after the investigation (2 years?), or whether they were even employed with their brothers firm. I would not be surpised as to what a little investigation might uncover in this regards. This sort of selective reporting that is designed to mislead, should be punishable in my opinion, under some statute of responsibility, these reporters like Greenberg and Dan Evans of Bloombergs get away with this crap all the time. ___________ As Herby says, "not exactly earth shaking" Greenberg is a hack, and TSCM is going down is share price and market cap, my guess is because of the quality of the articles they publish. Headlines strait out of National Enquirer. dbernet