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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (11353)3/20/2003 11:55:23 AM
From: StockDung  Respond to of 19428
 
Asencio to discuss:Boots and Coots International (AMEX:WEL),

Short Seller Wars Continue: Manuel Asensio to Appear on Corporate Strategies
Not For Widows and Orphans' Sunday, March 23, 2003 at 9:05 P.M. EST

HOUSTON, Mar 20, 2003 (BUSINESS WIRE) -- Manuel P. Asensio, famed short seller
and investor advocate, will appear live on Corporate Strategies "Not For Widows
and Orphans" segment Sunday at 9:05 p.m. EST. We will discuss specific companies
Asensio & Company has researched such as Rica Foods. We will also discuss this
week's AMEX volume increase leader, Boots and Coots International (AMEX:WEL),
and take live calls from our listeners concerning short selling, legal or
illegal. Listeners may call in live toll free at 877/266-7469 or listen live via
the Internet at www.businesstalkradio.net or on over 275 local affiliates
nationwide. The "Not For Widows and Orphans" hour of Corporate Strategies is
co-hosted by Tim Connolly of Corporate Strategies Merchant Bankers
(www.corporate-strategies.net) and Mike King of Princeton Research.

About Manuel P. Asensio and Asensio & Company Inc.

Manuel P. Asensio is chairman, president and chief executive officer of Asensio
and Company. Asensio & Company Inc. is actively engaged in short sell
investments and publishes research on securities it believes are overvalued. A
complete documented history of Asensio's published work with short-selling
transactions, and the firm's definition of gross overvaluation, is available on
the Internet at www.asensio.com. John Wiley & Sons Inc. has published a book
about Asensio & Company's short selling titled "Sold Short: Uncovering Deception
in the Markets." The book can be ordered on the Internet at www.asensio.com.

"Corporate Strategies with Tim Connolly" is live talk radio...with the Titans of
Business who move financial markets! The show is hosted by Tim Connolly, CEO of
Merchant Banker Corporate Strategies Inc. The executive producer of the show is
broadcast news veteran Jan Carson, an award-winning journalist with more than 20
years experience as a top-rated television news anchor and reporter for NBC, ABC
and CBS network affiliates. "Corporate Strategies with Tim Connolly" features
financial experts from across the nation providing the latest intelligence on
equities, income investments, and a variety of risk, equity and option
strategies. Recent guests have included former SEC Chairman Arthur Levitt,
former Compaq CEO Eckard Pfeiffer, money manager Louis Navellier, Bill Mann of
The Motley Fool and many others.

Noted Economist Mike King of Princeton Research provides live technical analysis

for the show and hosts the "Not For Widows and Orphans" segment of "Corporate
Strategies with Tim Connolly" from 8:00 p.m. to 9:00 p.m. CST.

CONTACT: Corporate Strategies Inc., Houston
Karyn Breeckner, 713/621-2737
news@corporate-strategies.net

URL: businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2003 Business Wire. All rights reserved.

-0-



To: Sir Auric Goldfinger who wrote (11353)3/20/2003 4:14:15 PM
From: afrayem onigwecher  Read Replies (2) | Respond to of 19428
 
Boots & Coots Dn 21% After Rising 311% March 13-19

DOW JONES NEWSWIRES

By Tom Locke

Of DOW JONES NEWSWIRES
DENVER -- Shares of Boots & Coots International Well Control Inc. (WEL ) were down 31% in heavy afternoon trading Thursday.

Reports of only a few oil well fires in Iraq and a buy-on-the-rumor, sell-on-the-news reaction by investors to the war were given as reasons for the decline.

After hitting a 52-week high of $2.55 Wednesday, Boots & Coots shares showed high volatility and volume Thursday, hitting a high for the day of $2.50 and a low for the day of $1.05.

Michael Shonstrom, president of Shonstrom Research Associates in Denver, said that he believed that much of the buying is by investors covering their short positions on the stock. Boots & Coots announced on Feb. 18 that a lender, Checkpoint Business Inc., had presented to the company's board of directors a proposal to restructure Boots & Coots. The proposal includes a voluntary Chapter 11 bankruptcy filing. Boots & Coots said the board was considering a Chapter 11 filing as well as other options.

"There's been so much trading in this stock, and there's been such a huge short position built up, it almost takes it to a different level," Shonstrom said. He believes much of the trading is being done by short-term traders trying to make a quick profit on a volatile stock. Shonstrom owns warrants in Boots & Coots, and his firm has no investment banking relationship with the company.

Boots & Coots shares have risen in part because of speculation of business it would get in stopping oil well fires set in Iraq. A unit of Halliburton Co. (HAL) has been awarded a government contract for overseeing well control related to the Iraq war, and Boots & Coots has strong ties to Halliburton, said Shonstrom.

The U.S. military has confirmed some oil well fires have been set in southern Iraq, according to White House spokesman Ari Fleischer.

Barry Gross, who handles investor relations for Boots & Coots, declined comment on the activity of the company's shares.

Boots & Coots shares were recently down 65 cents at $1.45 on volume of 124 million shares versus average daily volume of 10.4 million.

-By Tom Locke, Dow Jones Newswires; 303-293-9294; tom.locke@dowjones.com

Updated March 20, 2003 3:59 p.m.



To: Sir Auric Goldfinger who wrote (11353)3/20/2003 5:21:01 PM
From: afrayem onigwecher  Respond to of 19428
 
Racing Saddam to Iraq's Oil Fields

businessweek.com