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Biotech / Medical : WAND (Milestone Scientific) -- Ignore unavailable to you. Want to Upgrade?


To: Mason Barge who wrote (419)4/17/1998 8:08:00 PM
From: Richard Singer  Read Replies (1) | Respond to of 717
 
Dow Jones Newswires -- April 17, 1998
Milestone Sci Says Conn. Firm Beneficially Owns 11.7% Of Stk

LIVINGSTON, N.J. (Dow Jones)--Milestone Scientific Inc. (WAND) said Gintel Asset Management beneficially owns 1,028,100 Milestone shares, or 11.7% of the company's outstanding stock.

In a press release Friday, Milestone said the Greenwich, Conn., investment advisory firm reported its ownership in an amended 13G with the Securities and Exchange Commission.




To: Mason Barge who wrote (419)4/18/1998 5:39:00 PM
From: Robert Gintel  Respond to of 717
 
We are on the same side of the Street and need not get into a dialectic argument here. Suffice it to say, when one's vital interest is assaulted, human nature makes one want to strike back. Not every one can be expected to demonstrate your tolerance for shark attacks. I completely agree with you that these threads should be used for dissemination of factual information and honest opinion, and not for cheer leading, flaming others, name calling, and personal attacks. I see what is known as "ABUSIVE" short practices as a nefarious evil in our markets. It should be regulated, because shorts, unlike the rest of us, operate in the dark. You should understand that Milestone is under attack, on this thread and elsewhere. It will have to be dealt with in a proper manner by the company and, in my opinion, it will be.

You may see the recent debacle in the stock just as an opportunity to make a quick 8%. I waste no sympathy over informed professional money managers who dumped their Wand stock after having just bought it, and who might be expected either to know better or act less hastily, but having been a Board member of five public companies, I feel empathy for less informed small investors who got caught up in the smoke and mirrors.

I have my neck stuck out a mile, but I have been there before.