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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (14209)	9/30/2000 9:42:17 PM
From: RockyBalboa	Respond to of 18998

Oops, MB. You say you can not buy a share as long as it does not trade at nominal value. But the otcbb.com offers a lot of stocks which simply can not fall anymore. ..., ... Well, in Europe you can't short, usually (or it is not widely available to individuals...). Maybe this is the reason why stocks did never reach that ridiculous valuation as many Nasdaq stocks did ... <g> But then.... the German Neuer Markt is not very different. See the latest scandal, "Metabox:" de.finance.yahoo.com (appearently the German version of C-Phone): >>>>>>>>>>> Yahoo! Finances Thursday 28 September 2000, 08:51 o'clock Share quotation outline MET(a)box AG 692120.f 6.25 -0.90 Metabox: Hard sample for shareholder nerves of: Michael Barck Metabox (Frankfurt: 692120.f - message) (WKN: 692,120) must his expectations of profit and turnover for the current year drastically correct. Instead of 198 millions. DM expects one now only 70 millions DM conversion; instead of a gain of 14 millions. DM are to result now 15 millions DM loss. Metabox had raised its prognoses only in April for this year clearly and kept still 14 days ago Metabox boss Stefan Domeyer in an n-TV-interview at its turnover prognosis of 198 millions DM fixed. But so correctly this message does not surprise the financial world any longer, it represents only the highlight on the events of the last weeks. The reason for expectations screwed back is situated in delays with the distribution of 500.000 set Top boxes at Worldsat. Actually this supply should already start the start of the supply in the current year, now delays bottlenecks during the software development and tuning difficulties with suppliers of encoding software on the at the beginning of the next yearly. The share quotation of Metabox shows the dependency of the company on the large orders. Joy, if a new job admits is given, disillusionment, if it comes to setbacks. Welcome a in principle, open information policy of the executive committee structured a quantity of Vorschusslorbeeren. But the confidence into the Metabox Fuehrungsriege suffered a failure in the last weeks: Particularly the business with inter+ Nordic, not brought yet under roof and drawer, provides for disconcertion with the shareholders. How important the jobs from Scandinavia and France for Metabox are, Domeyer in the w:o Chat said: Without the jobs the world market proportion of Metabox would be alike to zero. How does it continue to go now with the Hildesheimern? The series production of the 500,000 boxes is to begin in December, to start the distribution at the beginning of the next yearly. For this year the planned conversions are thus after the current status only shifted on the next year. Many more heavily works the confidence loss, which the Metabox management suffered. After the Worldsat Deal comes now into difficulties, also the business with the inter Nordic will be still more critically beaeugt by the investors than beforehand. And it already came also there to large delays. So far existed only type character an OF Intent, locking contracts so far yet were not signed, although this had been supposed to occur long. Metabox justifies this with one offer-suppl.-fenced in the consortium. Over the members one is silent oneself further out. At the moment it does not see thus so well out for Metabox. The wind will only then turn if the distribution of the boxes begins the business to France or with inter+ Nordic under roof and drawer is. If the business should come to a positive termination, again better times are on also for Metabox. Up to then it means for the shareholders far trembling. <<<<<<<<<<< translator.go.com de.biz.yahoo.com