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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: Ellen who wrote (1024)	11/19/1997 4:16:00 PM
From: BJ Cooke	Read Replies (4) \| Respond to of 11708

I've been following you all for about 3 days off and on, but being a neophyte at investing have just been keeping quiet. But your enthusiasm was so contagious that yesterday I bought 300 shares @2.3 (ha! the high of course) Even so, though everyone sounds very "sober" now, I think we are on the right track, and that the enthusiasm was justified. Maybe it is just the calm before the storm...time to relax, rest up, sit tight, take a deep breath and get ready for the next ride up. Don't be discouraged. I have more intuition than experience, and more guts than brains, but CSMA feels good to me. I hope it is o.k. if I ask elementary questions every now and then, such as what is a MM? Barbara

To: Ellen who wrote (1024)	11/19/1997 4:17:00 PM
From: TraderGreg	Read Replies (2) \| Respond to of 11708

The sharp drop at the open occurred on small volume. I believe this was MM and new shorter manipulation. Then they sat back and watched and saw a combination of day trader and nervous selling. We see that even a little dumping can snowball. But fundamentals of CSMA have not changed one iota from yesterday. In addition to those longs who notified David Smith, we have 800,000 +/- shares from yesterday that were bought at $2.20 and above. Keep in mind the heavy volume in the $1 to $2 range from several days ago, those buyers were exiting this morning. JMHO. I will do some digging to see what the short position is. But today should be a lesson to us. To short at the wholesale level, $0 are required. On any sharp runup, it has to be expected that a shorter will come in. If we longs sell, then his strategy works and the resultant price decline will be significant. In the long run, it is FUNDAMENTALS that will override. In the meantime: "We will fight them on the beaches, we will fight Shorty in the hills, we will fight him in the trenches, and when future Longs look back, they will say to a man (and woman), that this was OUR FINEST HOUR" TraderGreg

To: Ellen who wrote (1024)	11/19/1997 4:17:00 PM
From: KZAP	Read Replies (1) \| Respond to of 11708

Its too quiet. Are we resting from the past week? Getting ready for another take off? I think it will be a slower, more steady pace. KZAP

To: Ellen who wrote (1024)	11/19/1997 4:23:00 PM
From: charles messick	Respond to of 11708

WELL,..........I am going to view today as an opportunity, cause it gave me and mine an opening to pick up MORE. It brought my average up to 1.07 but that still looks mighty fine considering my first purchase was only 10 "short" days ago ............ HHMMMMmmmmmmmmm ........51%....10 days.....OK.....It'll do. I hope many others saw the same OPPORTUNITY as Shares will probably get a bit harder to come by in the near future. Chuck Messick

To: Ellen who wrote (1024)	11/19/1997 11:00:00 PM
From: zap202	Read Replies (1) \| Respond to of 11708

There are several observations here 1st. Many who bought in at .25 put stops (mm's see stops) 2nd. We have many new holders @ 1.60 ( looks like a good floor) 3rd. Company looks sound with good fundamental and solid management. 4th. Shares are tight, many buying at bargain prices. 5th. I look for a big up tic tomorrow. Many who sold to the mm's will be buying back less shares tomorrow. sharp rize = sharp fall but base still up! anyways I enjoy your post! Power to rmil csma ftel "d"