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

To: charles messick who wrote (3267)	12/10/1997 10:24:00 PM
From: KZAP	Respond to of 11708

Chuck, I now have more MONEY! I will again be buying, in the morning! I was out today or would have aready bought. I see its still there! I want to thank all who sold today! I also want to thank all those who held today! I'll be here for next month's celebration! I have real plans for the profits I will HAVE to take! I will only sell about 3 to 5 thousand. To whoever will be interested, they will go for about $3. The $10,000 that I take profits on will give me a nice time in Las Vegas in Feburary! (I'm not going to gamble!) Convention. I also have a partnership there also! (Hey, If anyone lives out there, Please e-mail me! I want you to stop by my store!) (I'm sorry if I'm useing this thread for personal reasons!) Go C$MA!!!!! LONGfellow

To: charles messick who wrote (3267)	12/10/1997 10:37:00 PM
From: Carole	Respond to of 11708

Hi Chuck Got this, got permission to post it, so here it is from this evening's email... as follows: today's downward pressure was a direct result of one individual who is a short term trader who felt it was time to bail out as he doesn't get the big picture. i understand that he dropped in excess of 30k shares. i knew it was coming and when it did the MM's took advantage of the selling to perform their smoke & mirrors illusion. this caused others to start selling which compounded the action. did anything really change with the fundamentals of the co. for the stock to lose 30% + of it's value in what, 30 minutes? i don't think so! the MM's will take every opp to play around. i suspect that this will be harder to do once the co. files their form 10 along with other actions to be taken in the not too distant future. i suspect that we should hear some news before xmas that will give this stock the support it deserves and subsequently will make the sellers at these levels wish they had stayed around for the party. keep the faith....by the way i firmly believe that this is the perfect time/opportunity to avg. down at these levels...ungodly cheap based on what the co. has in the pipeline...........................................later

To: charles messick who wrote (3267)	12/10/1997 10:43:00 PM
From: Carole	Read Replies (1) \| Respond to of 11708

chuck. So I wrote back and said that 30K block shouldnt have that big of a ripple on a 426K day, particularly since it would probably be broken up in a couple of separate trades, and this was the reply I received as follows: ( If anyone objects strenously to my posting my email from folks I don't know, I probably will anyway, once in awhile as long as I don't feel I am being used to peddle false info) I think we would all rather see the email and judge for ourself than not see it. Now to the letter: until his order went in (not 30k at once, but pieced (like you mentioned) & in rapid succession "dumb move") the stock was fairly stable/quiet. i understand his reasoning for hitting it quick as he knew the MM's would run away and he wanted to get the best possible prices before they ran too far and/or other selling occurred. if i'm not mistaken the vol. at the time was approx. 1/4 of the days total. this action followed by some panic selling & MM shorting caused the appearance of panic which the MM's use to their advantage.