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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?

To: Morag who wrote (9901)	6/21/2002 6:55:43 PM
From: Miner	Read Replies (2) \| Respond to of 14101

Morag, Just to add to Wolf's comments, If it's a small account like mine they give you a couple of days. I waited to the date they said they would sell to see what they would do, they actually didn't do anything until two days later because it wasn't deteriorating further. To add insult to injury they sell you out at full commission rather than the internet discount rate, which I guess is fair if you don't clean up your position. This is slightly different this time because I believe you can't margin stock under three dollars, so anyone on margin will have to cover their full position, not just a slight margin deficit. (someone correct me if I'm wrong) If there are a lot of people in this position, and it doesn't pick up quickly on Monday, they might not give any time and might move quickly. Monday will be very interesting indeed. I personally think that if no news of any fundamental substance comes over the weekend and you still like the story, this will represent the buying opportunity of all time. I used to brag to the people I knew that owned DMX, that I had the lowest purchase price of them all for a block of shares ($2.85), although my average after years of buying is closer to $5 now. I wish I had cash right now, because I do think Monday will be an opportunity,but if my heard me say this she would lock me up. regards, john

To: Morag who wrote (9901)	6/22/2002 1:59:44 AM
From: axial	Read Replies (1) \| Respond to of 14101

Hi, Morag - I hope you don't mind a comment. I have seen no evidence of a margin selloff yet: simply the sudden sale of some shares into a vacuum. I didn't want to scare people when I posted that, at or below $3, TD would possibly make margin calls. There is no proof that it will happen. OTOH, I felt it was unrealistic to pretend that margin calls have not become possible - depending on Monday's action. And there's the thing of it - we don't know what will happen. There are all kinds of possible reasons for what happened today. Just imagine that you were a competitor of DMX's, with a budget: for $18,000 you could have severely damaged DMX's market cap. Easy as hell. The big TD cross? Well, it happened after the close. Yes, it could have been a manipulation - or was it just a late-Friday decision by someone at TD to capitalize on the low price, for a client? Suspicion and paranoia make everything look planned, everything look conspiratorial. The fact is that TD was making small crosses all day. This has a different appearance to every eye that looks at it. Whatever happened, if it was Acqua-related, it certainly transcended any notions we've had of "price channels". That's what makes me think it has nothing to do with Acqua: that, and the fact that the close didn't follow the pattern of the day's trading, at all. We just have to wait it out. I wish you, and all longs on margin, the best of luck. I suggest that it would take very little to put the price above 3 again - just as it took very little to bring it below 3. Best wishes, Jim