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To: PistolPete who wrote (1679)6/6/1998 12:12:00 AM
From: flightlessbird  Read Replies (2) | Respond to of 4230
 
To all:

My move to Austin has raised a sudden issue. I have just found out that I will have no phone service until Wednesday. All I can say is Pluck Yew phone company. I will have no internet access or phone until then. This rots. I'm gonna have to ask the regulars to step it up for me again while I go in absentia. To reiterate my views on TGSK, I added 4k more today at 1 7/8. IMO, anything under $3 is a bargain because this stock WILL make it to Nasdaq. Anything under $2 is still IMO a pure gift from the MMs who will have their heads handed to them soon enough. My personal belief is that they shorted a whole heckuva lot of TGSK at $1 but were able to "average up" to 1.25 by shorting twice that at 1.50. But the move to $3 was so quick, that caught them off-guard. But they hung tight and were able to "average up" again between the 2.25 and 3.00 level. It's hard to say what their average short position is righ now, but my bet is it is a VERY LARGE short position at somewhere between 1.50-1.75. That being the case, on paper their loss is not extraordinary as they try to outlast the buying pressure and continue to take her down. If they can control her there, I'm betting they are hoping to disenchant people not patient enough to wait for 2Q earnings or people who bought at much higher levels and can't take the paper loss any longer. I sincerely hope they don't beat out those people. I have said it before, short interests are usually some surprisingly resourceful and powerful MMs. They won't go away just because of some internet band. It will take time. But absolutely everything is in place. The fundamentals will indeed drive this stock. Colin will indeed not tolerate this much longer before he issues another buyback. And this stock will continue to move forward. I apologize for taking off again but maybe the short MMs decided to infiltrate Austin's phone company and keep me offline. LOL Please take care and please remember that this is a company that has delivered and continues to deliver. If 1Q numbers, completion of the buyback and Polaris don't convince you, stick around. 2Q and more are just around the corner. Eventually the smart money will overwhelm the shorts and push this stock to new highs. We're just a little ahead of them. :) Cya on Wednesday. I promise. If the MMs are willing, I might be taking some more bananas between now and then. :)

Flightlessbird
streiter@airmail.net



To: PistolPete who wrote (1679)6/6/1998 12:41:00 PM
From: robert duke  Respond to of 4230
 
I think I did alright too. Lets see if the 1Q was .10 then we might be able to guess that the other Q'rs will be better. Even if each quarter is .10 then 98 would be .40 for the year. and .40 that would put the stock at at least $10.00 a share based on a PE of 26. Any news that wqe should be looking for next in this companies future?