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Biotech / Medical : Human Genome Sciences, Inc. (HGSI) -- Ignore unavailable to you. Want to Upgrade?

To: David Bogdanoff who wrote (213)	2/18/1998 12:01:00 PM
From: Larry Dreher	Read Replies (1) \| Respond to of 1127

Off Topic (slightly): Re: MM I first heard of MM probably around 10 years ago. To make a long story short, I was long a company called cascade international. I did what I considered due diligence on the company. Even talked to the CFO at length. It turns out that the company was cooking the books and was really laundering drug money. (This was a NASD listed OTC stock, not some pink sheet company). The CEO (Victor Incendes) skipped the country and to my knowledge has never been found. Anyway, it turns out the MM was the one analyst who "blew the whistle" on the company. He was quoted as telling his clients to short the stock to zero when there were other analysts still high on the stock. In retrospect, I wish I had been a subscriber to MM back then. It would have saved me a bunch of money. Then again, I understand people's frustration with his recent advice. You are only as good as your last winner.