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Biotech / Medical : Biotime-Nasdaq's best kept secret? -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (673)	2/14/1998 7:33:00 AM
From: Jim Roof	Respond to of 1432

Bill, $1 a share? You better get on the phone and tell all the officers that they need to sell everything they got. As for Steinberg, the timeline will reveal (I think) that his buy recommendation was made while BTIM was in the 40's and the short position came later when BTIM had moved up about 50% from there. Considering the huge stake that WisdomTree had in BTIM shorting against the box was not a bad idea but many misunderstood what he was doing. Steinberg was simply locking in his profits with a technical move that frankly made good sense to me BUT once again the short sellers portrayed this as Steinberg making a buy recommendation and 5 minutes later selling it short. Jim

To: Bill Wexler who wrote (673)	2/14/1998 11:59:00 AM
From: Pancho Villa	Read Replies (1) \| Respond to of 1432

Bill: The stuff they make was referred to as Vampire's Gatorade in a street.com piece last fall. The stock was trading at around 25 back then but I did not have the confidence to short then. Still not short. I am afraid this puppy may wake up. There is nothing more dangerous than biotechnology hype! [except for the now popular Internet stocks hype] Pancho

To: Bill Wexler who wrote (673)	2/14/1998 3:06:00 PM
From: Jim Roof	Respond to of 1432

You claim that there is active fraudulent activity on the part of the officers of this firm on "Roger's Short Picks". Could you please do all of us a big favor and tell us EXACTLY what you mean by this? In case you have forgotten your post 24 hours ago here it is - >>>Short Biotime (BTIM) at 16 7/8. Scary biotech stock. Was pumped...dumped, and now that's it taken a rebound on the backs of a fresh batch of suckers it is ripe to short again. The stock is manipulated, and people associated with the company have been actively engaged in fraudulent misrepresentation, so be careful - but I seriously doubt the stock will continue to climb much further (if at all). Asensio took a shot at this one a while back. I spent some time researching the story and it is a "no brainer" short.<<< And also please tell me how the stock is being manipulated. If Ass'enci'hole is the major source of your information then I would suggest doing some more well rounded research. Oh - a reminder again - none of the suckers at BTIM have sold their shares and one bought 3k more about 2 weeks ago. If these guys were running a scam then why the heck aren't they selling at the top? Jim