Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Solv Ex (SOLVD) -- Ignore unavailable to you. Want to Upgrade?

To: David Coakley who wrote (5166)	12/3/1997 9:41:00 AM
From: CharlieChina	Respond to of 6735

exchange2000.com

To: David Coakley who wrote (5166)	12/3/1997 3:41:00 PM
From: David Bowden	Read Replies (1) \| Respond to of 6735

ALL YOU SOLV-EX FANS!!!!! OOPPPS JUST BURPED!!!

To: David Coakley who wrote (5166)	12/3/1997 7:46:00 PM
From: R.Mark Lubchenco	Read Replies (2) \| Respond to of 6735

Dave, According to Bear Stearns they are trying to buy "ALLOWED CLAIMS" for up to 60 cents on the dollar. They only started doing this when it became apparent that the asset sale to Koch would allow for dollar for dollar repayment for the trade creditors. It is in effect an arbitrage. It is unfortunate that the people who will get the short end of this deal would be trade crediitors that can't wait another 2 months for dollar for dollar repayment. Mark

To: David Coakley who wrote (5166)	12/3/1997 10:59:00 PM
From: WTMHouston	Respond to of 6735

Dave: thanks for the response. As for the market dishonesty, it is nothing new. Brokerage houses place BUY rec's on stocks every day that their trading departments are shorting or want to unload. They cover it with a * and fine print that says, "By the way, we make a market and MAY be taking an advserse position," without ever disclosing that they in fact ARE actively doing so. Sell rec's come, at times, for just the opposite reason. No doubt that the small investor can and does get screwed. I wouldn't hold my breath for the SEC or Congress to do much about it though. Small investors seldom make or influence major policy decisions or changes because they can't and don't spend the necessary quantity of money politically to do so.... It is not, usually however, a big conspiracy as some suggest: it is just the way it has been, is, and is likely to be for a long time....In this context, my view is that MA didn't cause anything, (I wouldn't give his sloppy work that much credit) although he certainly fueled the fire. Some of what he said, IMO, was worth listening too, if for no other reason that it forced a look at the other side of the coin. That said, I wholeheartedly agree that some of what he said was complete BS as well - and I am still surprised that SOLV never sued him - maybe that is yet to come, but the statute of limitations is running.... Anyways, a lot longer than I intended. Thanks again for the info. Troy

To: David Coakley who wrote (5166)	12/4/1997 6:29:00 PM
From: Mama Bear	Respond to of 6735

Breaking the buck: SOLVQ - SOLV-EX CORP Exchange: NASDAQ Delay: at least 15 minutes Last Price: 0.90 at 15:56 Change: Down 0.35 (-28.00%) High: 1 1/4 at 9:52 Low: 3/4 at 14:09 Open: 1 1/4 Previous Close: 1 1/4 on 12/3 Volume: 108,000 See you at .02, Barb

To: David Coakley who wrote (5166)	12/4/1997 11:43:00 PM
From: Jim Atkinson	Read Replies (1) \| Respond to of 6735

To All from the Great White North: News today is that the Alberta Goverment extended SOLV'S lease for about two months until a deal can be reached with KOCH. They also extended SOLV's Bankruptcy for a few months until the deal goes through. In response to the $0.65 cents on the dollar comments in an earlier post, this is not an uncommon outcome of these proceedings. As smart creditor would grab the money. It is also not uncommon to see unworthy claims surface, and hopefully be disallowed. I'm offically in McMurray. My e-mail address hasn't changed. Jimmie