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Microcap & Penny Stocks : CCEE Breaking Out -- Ignore unavailable to you. Want to Upgrade?


To: Gary Green who wrote (7605)11/1/1997 6:45:00 PM
From: Tadsamillionaire  Read Replies (2) | Respond to of 12454
 
There is a 1.2 million Short position on the stock for 10/97 Down from 1.5 million on 9/97. VEEEERRRRY INTERESTING



To: Gary Green who wrote (7605)11/1/1997 11:17:00 PM
From: Lee Kennedy  Read Replies (6) | Respond to of 12454
 
>> What is your point Lee? <<

I think my point should have been obvious. Considering your background,
there is every reason to believe that your interest in this stock is
more than that of an ordinary stockholder. Rick has pointed out that if
you work for CCC you would be required not to reveal that fact.

>> What is your view and your reasoning with regard to what we shareholders
should do in response to the proxy solicitation of management?<<

My view is that NONE of the proposals are in the best interests of the
shareholders and should all receive a resounding NO vote.

>>Why waste a post on a frivolous issue that required you to distort?<<

I'm not sure what you mean by distort. You said you charge $300 dollars an
hour. I said I had guessed $260 based on past experience. My intention
in writing about the other attorney was to point out that IF you are
working for CCC, you are being well compensated for your time online.

>> In your eyes do you think management would declare victory if everything
was defeated except the authorization for a reverse split? Why did they
bother to print up that cumbersome proxy solicitation and to undertake
proposing the other items that infuriated, and got the attention of the
otherwise sleepy shareholders if all management really wanted (according
to your implied argument) was the one proposal that I advocate?<<

I've already expressed my opinion offline on this topic. I think
management has tried what is tantamount to a scare tactic to accomplish
their real purpose. They make all these really horrendous proposals with
the idea in mind that shareholders might be willing to accept a small
reverse split if they(the company) will shelve the other proposals

>>What is your opinion about the price and ability to properly trade
stock in CCEE if it does not do a reverse split, the stock stays at
the 70 cent to 80 cent price, and CCEE is delisted by NASDAQ?
If you have had good luck with bulletin board stocks, I suppose you
oppose the reverse split on the grounds that even though it is a directly
proportionate, across-the-board reduction, there is a mystery factor that
will depress the stock.<<

My opinion is that if CCEE is reversed now, there is every chance that
the price will be back to 70 to 80 cents by next March UNLESS some of
the promised news comes out in the meantime and that is no mystery factor.
I've seen it happen too many times.

Lee



To: Gary Green who wrote (7605)11/2/1997 12:54:00 AM
From: james reinhart  Read Replies (1) | Respond to of 12454
 
Gary,
If you give them the reverse split then your giving them the authorization for the additional 150 million shares to be issued
for the ongoing financing of 'projects' of the co. One has to follow the other. You talk about them going the way of the pink sheets.
Man, if this happens, we're no better off than most BB stocks
that have questionable management, bs press releases, and NO
revenue. Softworks is great, (recent pr had no hard #'s) but all
their revenue is sucked down into a black hole, CCEE entity,
along with shareholders hard earned money. Management has given us
NOTHING... to trust them with the recent requested mandate to dilute
our current investment by half. I don't want the co to fold...
but I do want to vote NO on all of the proposels and force a vote
to REMOVE Dan Sr. AND Dan Jr. from their positions on the board.
Get them the hell out of all operating decisions going forward.
To date, under their watch, we, the shareholders of this co.
are being completely ripped off. On top of everything the date of
the shareholders meeting is the final straw, a slap in the face,
and a final affirmation that these guy's are S_BAGS. In fact,
they put a good face on the meaning of S_BAGS. If something
comes out between now and then I shall apoligize, but for now,
RICK has been entirely correct. To the friggin' T.

JR

ps I hope to meet you at the meeting. Philadelphia is almost my
home town. Jersey boy, right across the WW bridge. My girlfriends
dad is a 3rd generation Phila. lawyer and I have great respect for
him and the tradition.