To: David Lee Smith who wrote (504 ) 11/18/1997 12:02:00 AM From: InvestorLady Read Replies (1) | Respond to of 836
David Lee Smith (if that is your name) was not an employee of ComVest, according to them. Nor does Coca Cola in LA recognize you as an employee. I think this is very very odd. Amex stocks don't have market makers, they have ONE specialist which is very hard to manipulate due to obvious paper trails and trading records. I don't know what your game is bub, but eveything I have checked out about HZP and ComVest whom I have known for a while now, is that neither are into hype. HZP and its growth is based on fundamental GROWTH...ACQUISITIONS. Like the one they announced today. The 149K charge was in their prospectus-not a surprise. So the stock acted well today after earnings. BTW...when people, including firms or institutional investors, buy on dips that is called INVESTING. Not market manipulation. HZP has a float of about 1.5 million shares. There isn't a lot to go around guy, this is not INTC we have here, but a beginning public company that is growing by acquisitions and has room for more stock to issue to help them along the way, if they need more funds to accelerate growth. Seems to me you have only followed mature stocks, not emerging growth consolidation plays where the analyst projections are tougher to do because it requires research. I have seen this before where analysts miss big because they can't get a handle on the rate of acquisitions. It is not an easy job to do. BTW, Comvest tells me they fired an analyst ...hmmmmm. Anybody can be anybody on these boards. Check out what people say. Call ComVest and call Coca Cola for yourself to check out this David character. Good luck to all, ALWAYS...do your own homework. Anette Powell PS: Myron, yep HZP was looking parabolic at $19 and was getting ahead of itself after 1) an IBD article that was not set up by the company, IBD called THEM noticing the strong RS numbers, etc. and wanting to know more and did a fabulous story on them that was nearly a full page! 2) an investor conference held in Texas where they were apparently very well received 3) a private placement that added funds for accelerated growth 4) a stock split announcement of 3 for 2 to happen in a few days and 5) more acquisitions announced that are now getting noticed. The stock has had a fast run. Depending on if they can continue to keep up the acquisition pace, then the stock price is warranted and it may actually be undervalued here. IF not, then the stock is overdone and could slow here and consolidate for a while. From today's annoucement it looks like they are moving forward and the market liked that as well. I own HZP stock, my investment club owns HZP stock and several friends do. It really bugs me that this bozo and you seem ready to push and swallow unmitigated bull without checking it out first. These stock boards are only useful if people DO THEIR OWN HOMEWORK.