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Gold/Mining/Energy : Crystallex (KRY) -- Ignore unavailable to you. Want to Upgrade?

To: viper who wrote (6004)	3/4/1998 12:37:00 PM
From: c.r. earle	Read Replies (1) \| Respond to of 10836

Viper, But if they are so big as you state ("bigger than Gordon") are they not doing a disservice to their present clientele by allowing us unwary sheep to close out our long positions before the 'dreaded truth' is out. Would they not be able to create far more wealth by keeping quiet? Your logic, their logic does not seem to compute. And as far as your comment about attracting other clients that seems like they are shooting themselves in the foot in order to get another thumb. Are they not successful enough simply through word of mouth from their very wealthy clients. Is that not how you attract additional clients. Well I guess everyone has an agenda. You may be right Viper, I may in fact be on the wrong side of the fence on this one it would certainly not be the first and will probably not be the last. But I certainly am wise enough not to pretend that I know.

To: viper who wrote (6004)	3/4/1998 12:40:00 PM
From: flightlessbird	Read Replies (2) \| Respond to of 10836

Viper and shorts: Do some further research on Asensio and you will find that he is simply protecting his position. He has nothing to lose here and everything to gain. Look at his track record on Biovail. Report issued on September 13, 1997 said: "We see no reason to buy or hold Biovail shares at over a tax-adjusted 48 times LTM EPS. We believe that Biovail shares will soon trade below $12 per share." At the time the stock was trading at $30. It now trades 6 months later at $42. This of course after scathing attacks in September of 1996 and 1997. Looks like Mr. Asensio lost buckets on Biovail for his clients by shorting. Add to that pinch that he probably began his shorting of KRY back then and would now be in a MAJOR hole with his clients. He can conveniently escape recourse because of his disclaimer at the end of his recommendation (sad, ain't it). So, being short and seeing the writing on the wall, worse case scenario is he's wrong and can cover at a lower price (which I am sure he is eagerly doing today). This is BIG money we are talking about here. I am sure he is not short with his clients' money just a thousand shares or two. This tactic is a sign of desperation. His timing is well-orchestrated because he had better cover NOW or risk financial ruin. I won't address the Asensio report again because it is so transparent that it defies description. Have at it Viper. No one listens to you anyway.