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Pastimes : A Novel Academy: 56ers in Annapolis -- Ignore unavailable to you. Want to Upgrade?

To: RADAR ))) who wrote (1665)	11/3/1997 11:20:00 PM
From: JKraft	Read Replies (1) \| Respond to of 2403

Radar, Its another high climber, CSMA - climbing mt. everest and beyond. A risky play with oathes of "I'll never sell, you're safe with me!" Hmmmmm...... :) Joanie

To: RADAR ))) who wrote (1665)	11/4/1997
From: David M.	Respond to of 2403

FOR ALL TO SEE>I AM IN THIS STOCK. I AM NOT RECCOMENDING IT FOR EVERYONE .THIS IS A RISKY PLAY BUT COULD BE REWARDING OR IT COULD KILL YOU.>ÿÿÿÿ I received this e-mail from David Smith. I am just posting it, since > he is not a SI >ÿÿÿÿ member. I do not know David or Bob personally. This has been my > first contact with >ÿÿÿÿ them through the CSMA e-mails. > >ÿÿÿÿ ------------------------------------------------------------------ >ÿÿÿÿ Subject: >ÿÿÿÿ Date: >ÿÿÿÿ Sun, 2 Nov 97 21:47:14 +0000 >ÿÿÿÿ From: >ÿÿÿÿ David Smith davids52@hotmail.com> > >ÿÿÿÿ Cheryl; > >ÿÿÿÿ Here is the contents of 3 emails that I sent to Bob Hadley > correcting >ÿÿÿÿ and providing more detailed information concerning CSMA. Please post >ÿÿÿÿ the following for those interested: > >ÿÿÿÿ Bob: > >ÿÿÿÿ I would like to provide you with current numbers on CSMA. > >ÿÿÿÿ The number of shares outstanding is 13.2 million after acquisition > of >ÿÿÿÿ LPSL for 7.5 million shares. > >ÿÿÿÿ The number of shares in the float is 2.6 million > >ÿÿÿÿ The number of shares shorted is 700,000. > >ÿÿÿÿ The short squeeze has not occurred yet as posters to SI would have > you >ÿÿÿÿ believe. The stock is being bought up at a fraction of its value by >ÿÿÿÿ knowledgeable players on the basis of fundamentals and a marketing > plan. > >ÿÿÿÿ This stock will be trading above the $4 range which is all that is >ÿÿÿÿ necessary for this company to be listed on the NASDAQ. As you are >ÿÿÿÿ aware, major players are now in the process of accumulating shares > who >ÿÿÿÿ will tightly hold them well above this price. The uncontrolled float >ÿÿÿÿ will be a small fraction of the public float. > >ÿÿÿÿ I have much information about the company and the marketing that is >ÿÿÿÿ starting to occur. I can say that you can expect the stock to be in > the $8 to $10 range >ÿÿÿÿ within the first 6 months on 1998. > >ÿÿÿÿ The stock was shorted down by ** *** who originally brought > CSMA >ÿÿÿÿ ... . There was a falling out between the company and ** who > seemed focused >ÿÿÿÿ on driving the stock down. He contacted 3 MM's on friday to find out > where the >ÿÿÿÿ buying in coming from and whether it will continue. I would assume > he will start >ÿÿÿÿ covering very soon. > >ÿÿÿÿ You can let the investors on SI know that the stock will be well >ÿÿÿÿ supported after what they perceive as the runup. The stock will >ÿÿÿÿ eventually stabilize in the several dollar level. > >ÿÿÿÿ Hope this information helps. > >ÿÿÿÿ David > >ÿÿÿÿ This is the first time I have read the threads on SI. Way too much > hype for my taste but >ÿÿÿÿ I will provide answers to your questions for the >ÿÿÿÿ investors to read. > >ÿÿÿÿ I currently own 573,385 shares of CSMA stock. I have followed the >ÿÿÿÿ company and the MM of the company since early this year. Once > ***** >ÿÿÿÿ (Name deleted) started selling in the teens I decided to accumulate > all he wanted to >ÿÿÿÿ sell. The reason that the stock leveled off in the .18 - .22 ask > range was that I was >ÿÿÿÿ accumulating until the shares dried up. My last buy was Thursday > morning at .21. I >ÿÿÿÿ now have a position that I will not touch until sometime next year. > By the way, he was >ÿÿÿÿ doing some neutral trading (selling and buying the same day) to try > to stimulate >ÿÿÿÿ additional selling. The float really wasn't turning over as it might > appear. The reason he >ÿÿÿÿ shorted at this level is a bit complex to detail in an email. Maybe > sometime I will >ÿÿÿÿ discuss it on the phone with you. > >ÿÿÿÿ By the way, I wouldn't worry too much about changing people's minds >ÿÿÿÿ about what CSMA will do. The big players are the ones that are going > to make it >ÿÿÿÿ happen. Everyone else is just around for the ride. Between >ÿÿÿÿ myself and my MM, we have half the float locked up right now and the >ÿÿÿÿ MM's clients are going to continue to accumulate. > >ÿÿÿÿ David > >ÿÿÿÿ To answer your question about my average price, I acquired 560,000 >ÿÿÿÿ shares in the .165 to .22 range. This is important to realize that I > am the one who >ÿÿÿÿ accumulated all this stock because I am going to hold it all until > the company gets >ÿÿÿÿ NASDAQ listing. In one day last week, M3 >ÿÿÿÿ accumulated 200,000 shares. We are all long-term players. This is a >ÿÿÿÿ real company that has been shorted down to an extremely low price. > This stock will >ÿÿÿÿ get back to the several dollar range. None of the major players are > going to dump the >ÿÿÿÿ stock. > >ÿÿÿÿ Now to answer the rest of Bob Hadley's questions: > >ÿÿÿÿ The acquisition of LPSL from FPC was disclosed in the company's > press >ÿÿÿÿ release dated Sept. 10 1997. Perhaps someone will post it. The >ÿÿÿÿ acquisition was made in exchange for 7.5 M shares of stock of which > 2.6 M are >ÿÿÿÿ tradeable but their cost basis is .55. They are long-term players. I > can't disclose what >ÿÿÿÿ the company is going to do about the short position, but they are > going to take action, >ÿÿÿÿ irrespective of the squeeze that is going to take place. Your next > point; this is not just a >ÿÿÿÿ momentum swing although some of my friends are momentum players and > they are >ÿÿÿÿ going to jump on the bandwagon tomorrow. > >ÿÿÿÿ Your last point about getting out before dumping occurs should not > be a concern. If >ÿÿÿÿ you want to sell at .50 or at 1.00 or at 1.50 then go right ahead. > The big players are in >ÿÿÿÿ for the long haul, figure 8 to 10 or so. > >ÿÿÿÿ David > >ÿÿÿÿ Message for Franco: Cut the hype and stick to facts. Also, if you > want to let people >ÿÿÿÿ know your position, just state the number of shares >ÿÿÿÿ purchased; not I "dropped SEVERAL BIG HEFTY BAGS STUFFED WITH >ÿÿÿÿ WADS OF >ÿÿÿÿ CASH on it". Frankly Franco, I don't believe it. What's your > position? > > > ----------------------------------------------------------------------