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To: David Smith who wrote (1135)1/2/1998 7:52:00 PM
From: milesofstyles  Respond to of 2377
 
if bipl had the same fundamentals back then as it does now i would recommend it too. this company looks strong to me fundamentally, and if you see something different, i invite your criticism, i posted on this stock a couple of days ago



To: David Smith who wrote (1135)1/2/1998 8:13:00 PM
From: Carole  Read Replies (1) | Respond to of 2377
 
Listen Buster...

I have spoken privately to Sergio on many occasions regarding David Cook. I do believe Sergio's post was directed to me and not to you.
Try not to worry too much about this .. If I wanted YOUR advice I would have asked for it. My email has been down for hours and if Sergio wants to post something here to me solely and you happen to read it and don't approve, just hit the "next" button. That's what I do, when I see your posts. I have avoided responding to some of your posts in the past because they werent directed to me, but mostly because my mother tried to teach me one very important lesson. It was. " Never argue with a pig, you both get dirty, but the pig likes it"

c



To: David Smith who wrote (1135)1/2/1998 8:47:00 PM
From: Sergio H  Read Replies (1) | Respond to of 2377
 
Again I am telling you that this thread is for discussion of stocks. DC
is covering a stock that Carole is interested in. Again I must ask you to stop being annoying. I creatred a thread for your challenge and I am still waiting for your reply. I am sure that you are done taking phone orders for the week.

Sergio



To: David Smith who wrote (1135)1/3/1998 8:08:00 AM
From: ivan solotaroff  Respond to of 2377
 
Chris:

I've got an idea: Why don't you pick ONE, SINGLE stock, ANY stock YOU like, and we'll see how well it does.

Ivan



To: David Smith who wrote (1135)1/4/1998 3:47:00 PM
From: David Smith  Read Replies (7) | Respond to of 2377
 
Worth emphasizing about VVID:

1. This stock trades with a large spread--almost always 1/4 point or more. For a $16 stock, that's a spread of about 2%.

2. The stock is illiquid; trading volume is often less than 20,000, and on some days it is even less than 10,000.

3. The recommendations from Lehman, Cowen, and Pacific Growth are not useful; all make a market in the stock, and Cowen brought the company public.

4. A spate of insider selling recently; in September, an officer of the company sold 1/3 of his holdings at about this price. Before that, another officer sold ALL his shares at a price lower than Friday's close.

5. Only about 8 dealers make an active market in this stock. Trading is dominated by ONE dealer, Cowen, who trades over twice as much on a monthly basis as the next most active MM. Pacific Growth, one of the MM's who has recommended the stock in the past, has been withdrawing from the stock recently; in September Pacific Growth traded 225,000 shares, falling to 17,000 for the month of October, then in November only 9600 shares--for the ENTIRE month.

Buyer beware.