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Biotech / Medical : Physician's Computer Net (PCNI) -- Ignore unavailable to you. Want to Upgrade?


To: Verssen who wrote (202)3/3/1998 12:34:00 PM
From: Greg h2o  Read Replies (1) | Respond to of 290
 
re: legal action. 99% of the time, class action law suits have only one winner--the lawyers, and two losers--the company and its shareholders. Any law suit would most likely result in more shares being issued to those shareholders who owned it during a certain period in which there was malfeasance. The problem is, it's dilutive to the shareholders, and the attorneys walk away with newly issued shares. Further, it continues to be a drag on the company.

Now, the only real action that would be satisfying--if there were illegalities--would be to see the CEO squirm in jail. Sure sounds like he was cooking the books.
regards,
greg



To: Verssen who wrote (202)3/3/1998 7:03:00 PM
From: rt1^  Respond to of 290
 
Verssen,
Only experience I have in matters like this (Creative Book Cooking) is to short, slash and Burn. Works everytime, OXHP,BOST, IFMX to name a few.
However, there is another up and coming company you may want to have a look at, they have been thru the gamit of the whores of the street, ie:pp's, debentures etc, and is now emerging.
Company is now earning money and has aquired a company that has "only patent" in this type of industry.
Contracts coming up inside of 2 months and with PCNI Ceo behind the curtain for the time being and customers jumping off the Titanic as it were, they are in line for a Major Boost.
Company is earning .08 with a P/E of 3.
Company is MDIX.
Before you tee off on me, listen up, I don't usually come to the bottom of the food chain, ie: Lottery ticket stocks, however when this came across my desk a few weeks ago, I took a look, I was impressed, I called the CEO, was more impressed, watched him kick a Reverse split in the teeth and turn it down, now most impressed, he feels he can do it on his own, I believe him, I talked with the company he aquired today, Cymedix, only patented system out and vast.

Have a look, no hype.

rt
as far as PCNI, the Share price will reverse to MDIX price and Vice versa.