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.

Non-Tech : Versatech (VITC) -- Ignore unavailable to you. Want to Upgrade?

To: Sid Turtlman who wrote (275)	1/3/1998 11:08:00 AM
From: Patrick Slevin	Read Replies (2) \| Respond to of 435

I absolutely agree that insiders will be prone to sell some stock. If you re-read what I said you will see that. It's a reasonable assumption. I also said that, insofar as many insiders may own Universal stock, their net holdings of shares should not decrease. The new stock acquired as a result of the issuance of restricted shares must be held for one year. So if David Hagen, for example, has 50,000 shares of restricted DHMG stock as a result of the merger and sells 25,000 shares of free trading common then he still has a net position greater than before. As far as whether or not they have or have not replaced the other firm, that's an issue I neither know about nor have I ever enquired on. As you know, I have little or no interest in stocks. All my positions, at this point, I have owned for years. This is the only discussion I enter into on any stock, with perhaps the occasional observation in passing on any given issue, and so my interest is not as keen as yours. I have my doubts that this thread is followed by anyone except you and I.....why not do this....ask if anyone is following this discussion, whether by people who plan on long/short positions or by people who have an existing position. Otherwise you and I are just spitting into the wind here. I am not here to tell anyone to buy or sell...I am not here posting positive or negative releases about the stock. I occasionally post in reply to points you make....but for the record, my net cost per share is below zero....has been for several months....I made that clear in e-mail discussions when I said I would let people know my plans. Since that time there has been no conversation between myself and anyone else here on DHMG, with you as the lone exception. I'll respond to your posts as time permits but I shall have to make them brief. Frankly, from my point of view DHMG is merely an entry in a ledger and my focus is on other types of trading. If you can find others here who are interested be my guest....I don't think they exist but I'd rather someone else took up the slack on maintaining the other half of a dialogue with you. If you and I happen to discuss something else on another thread it's fine with me....this particular discussion is at loggerheads. Tell you what, I'll refrain from posting here until February or even later perhaps. I just do not see anything for us to discuss.