To: SG who wrote (7962 ) 1/24/1998 10:12:00 AM From: Steve Andrew Read Replies (3) | Respond to of 11098
To Scott and Nanny... I'd still rather own Forecross in the single digits (albeit with a smaller profit) than be long a single share of the hyped up PRST. FRX management is not tainted with regulatory inquiry and shareholder lawsuits. That company is a legitimate prospect with no history of squeezing and hyping and other BS. You both are victims of believing others who spin and yarn away for their own benefit. Nanny....has Chapman, et. al. been quiet recently , with SNRS, Carrington, and PRST all deflated? Nanny, your post is , as usual, a highlight film for your ignorance. I was wrong about the suit.....big deal....I was right (and VERY WELL REWARDED) about the direction of PRST stock....YOU HAVE NOT BEEN since then. I do enjoy watching the both of you squirm with your beloved PRST, after civil discourse has disintegrated into whining about the bears (and even suing them, if necessary, to deafen their voices). Prior to the exisitence of this SI thread, I was informing others of the Howard-Lutts-Chapman-Walker-Hudson, N.H. hype job. (Check out the MF board, under Jax B Dawg). Your glory days of short-squeezing and other ARTIFICIAL levitation of this name are OVER!! Too Bad you were not wise enough to leave the party on a timely basis. PRST will undoubtedly continue to PROMISE great alliances and future relationships and little-valued patents inorder to keep you suckers in their stock. It is , after all, necessary to allow all the early investors(read: friends of the hypesters) a chance to escape unscathed. PRST will, most likely, never deliver enough on these PROMISES to warrant any stock appreciation from here. Technology is married to timeliness, and timeliness is married to execution. PRST has shown NO sign of adhering to this tenet. Sorry to see you both so blindly smitten with this irresponsible group of shysters, but if you must...you must. Nanny, I must say your brand of cheerleading is most entertaining, for you have been expounding on the virtues of PRST the longest, and with full blinders on. Your ignorance of the facts and ethical responsibility from the Hudson Hucksters chime in like a chapter from one of the great investment tomes of all time: "Reminiscences of a Stock Operator, by Lefevre." That book, written in 1923, could have been written by the PRST crew in 1995. Go for it Nanny....its a free country and your unbashed ignorance is fully protected (unless, of course, you choose to disbelieve). Also, I have SO many better things to do than keep files of others postings so as to piecemeal attempt to discredit them. Get a life!!!! Scott, I do still hold my gem, as well as CTYA, KIWT,QWST, and T, among others. I'll bet my investing track record against yours any day of the week. Read up a bit, my boy. You might want to start with "The Intelligent Investor, by Ben Graham. It will illustrate just enough fundamentals to offset your foolish analysis. (Sorry, no pictures in that book). Joe, you are absolutely correct. The risk/reward edge of remaining short here is diminishing and I am not carrying any kind of substantial position forward. It has probably seen some loss of downside momentum and my have a small bounce. I am ,obviously, and due to my long history of trading PRST, remaining acutely interested in observing. An unbiased and fresh analysis, like yours, is always a positive addition to any securities discussion. Good Luck to all but the Swine...