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To: axial who wrote (10552)8/13/2002 11:23:01 PM
From: Joe Krupa  Read Replies (3) | Respond to of 14101
 
Jim,

"Where are the American buyers? The institutional buyers? They are very good at hiding their buys - how many people even guessed at the extent of the Canada Pension Plan's holdings? (Thanks, for that, Joe)."

I just made that observation to somebody I was talking to today. You're the only person to key in on that point so far.

In the past 6-9 months, the CPP bought 769,945 shares of DMX on the open market without anyone noticing! So anyone who said there was no institutional buying was, obviously, simply wrong.

"I have yet to see the proof that Acqua was the wrong decision. Personally, I don't like it any better than others, when the price gets scuppered: but the reality is, the price is holding up well, in a BAD market."

Over 1 out of every 5 shares sold since January 29, 2002 have been Acqua shares. The math is simple:

(January 29, 2001 to August 13, 2002)
Total shares traded - 24,298,400
Total shares traded by Independant Trading (84) - 2,985,559
Total shares traded, less IT (84) - 21,312,841
Total shares sold by Acqua - 4,584,554
% Total trading accounted for by Acqua - 21.6%

Considering a 21.6% overhang of shares during "the greatest bear market in recent history," I'd agree that the price has held up reasonably well.

joe



To: axial who wrote (10552)8/15/2002 12:22:33 PM
From: twentyfirstcenturyfox  Read Replies (1) | Respond to of 14101
 
I posted #10546 to Morag. He replied #10548. Everything was civilized so far. You entered into that discussion (which you are entitled to do, of course,) when you replied #10552 to him, to include the following;
<quoting Morag: "On the other matter, REK's holdings I know there has been a lot of
debate about the transfer of her shares. If her shares were actually
sold on the market it would have been even more disruptive than AW."

My, oh my, it's nice to hear someone say that! You are the first poster (that I
can recall) who has ever confirmed the fact that sale of RK's shares would
have meant the sale of more than 50,000 shares a day, for more than a
month of trading days.

The shares were transferred - that's obvious. There is absolutely no evidence
to suggest that they have been sold.

There are a lot of unknowns in DMX. Many posted thoughts, and opinions are
treated as "facts" - when they are not facts.

Anger and frustration are no substitutes for thinking clearly. Many conclusions
about Acqua are suppositions: not facts. I have yet to see the proof that
Acqua was the wrong decision. Personally, I don't like it any better than
others, when the price gets scuppered: but the reality is, the price is holding
up well, in a BAD market.
Good, level-headed post, Morag. Well thought-out. Thank you. Jim. end quote>
Jim, I don't wish to get into a slagging match with you - let's leave that to the SH forum.
So, just learn to accept that sometimes it is the questioning posters who precipitate the good posts - and don't dump on them. Fox.