Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Leap Wireless International (LWIN) -- Ignore unavailable to you. Want to Upgrade?

To: Pierre who wrote (1501)	2/22/2002 2:03:57 PM
From: pcstel	Read Replies (2) \| Respond to of 2737

Pierre: Still, I can't help but speculate on the identity of the "manipulator," if he does indeed exist ... and I think I have a candidate. I think I know who you mean.. But, I can not comment on this! I was once "strong armed" via this persons "legal counsel" about remarks that I made about his "Activities"! <vbg> PCSTEL

To: Pierre who wrote (1501)	2/23/2002 4:43:53 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 2737

<The above "spculation" is in jest, utterly baseless - and intended for entertainment only. It is not the opinion of anyone rationale, and it's certainly not my opinion, despite my questionable rationality> Damn Pierre, I sensed a major profit opportunity, but suspect that you might have escaped a huge defamation lawsuit with that disclaimer. Being my legal consultant, can you please advise whether I can sue you for your defamatory remarks and will the lawsuit exceed your fees? I hasten to add that I am only consulting with you on a contingency fee basis and provided the claim will exceed your fees. Anyway, I wasn't manipulating Leap's price, I was wanting to manipulate the whole wireless and related sectors down, to precipitate a market share minute price war, so that everyone would buy QUALCOMM ASICs to gain some competitive advantage. In a minute price war, cheaper minutes won't attract subscribers because once minutes are cheap enough [eat all you like at $30], other issues such as plastic cover colour, ASIC functionality, coverage, games, colour screen, Q-chat, SnapTrack and PacketVideo on fast data networks become popular. That's where QUALCOMM makes the money. I was wanting Leap Wireless to be a catalyst. The strategy seems to have worked. I find it very hard work manipulating markets. Too many people act contrarily to the manipulation. Look at QUALCOMM for example. I've been manipulating the share price upwards for 18 months now and yesterday it hit a multiyear low. Not only do I have to contend with being hassled by the SEC for manipulation, I also have to contend with capital losses [albeit on paper - or pixel in this instance]. There should be some sort of award for heroic efforts in market manipulation. You should try manipulating a whole stockmarket in the opposite direction from the direction it's going. Even with Uncle Al's help, it's been tough work. And he can actually do something serious, like printing another $trillion to dilute everyone and really make the markets jump around. Now THAT's market manipulation. What a champion he is. Nevertheless, we little guys can but try. I should mention Enron here, but I suspect it's becoming a bit shopworn. We need some more effervescent word to jazz up some panic. Osama, Enron, Globalstar, Global Crossing, Argentina, Mexico [1995], Russia and the Asian Contagion, Dot.coms, Tech.wrecks, Telecosmic Black Schole, Gary Condit, yawn... all had their day. Japan is not co-operating and people are getting sick of waiting for Japan to implode as promised. I suspect some financial ju jitsu from those guys so I'd be very circumspect about profiting from their woes - which could be a trap for naive gaijin who leap to a financial attack, only to be cleaned out. Soros is steering clear it seems. Who will attack them first? Wimps!! Anyway, if you can think of some buzzword which will drive Leap down another couple of $$, I'd appreciate it. PCSTEL did well pointing out that $5 is a sell-off point for institutions and the margin-call crowd ...but, ahem, I prefer not to discuss margin-calls right now. We [meaning me, or to be grammatical, I] need something more. Delisting happens at $1. We could mention reverse-splits [that seems to get fear juices flowing]. Mqurice