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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K -- Ignore unavailable to you. Want to Upgrade?


To: John Chapman who wrote (3852)6/5/1998 3:18:00 PM
From: jhild  Read Replies (2) | Respond to of 7491
 
Well John, I for one am not trying to protect anyone. I expect that everyone will make their own decisions. I am however exercising my right to ask questions because that right was challenged some time ago. It continues to be challenged, by you among others, by evidence of your perplexion that you can't understand why people persist.

I can promise you that I will continue to ask until the company goes on the record with satisfactory answers, demonstrating that they are engaging in full disclosure. This nonsense of only disclosing "facts" piecemeal, in private telephone conversations, is just not enough for me. I want to see the company go on the record, with real written statements, completely answering these questions. As it stands, all we have at this point are conversational hearsay statements, that the company has no real accountability for.

This situation may satisfy the requirements for due diligence for you and others. It does not satisfy mine. So long as the company remains stubbornly silent on these material issues, as is their right, I will remain stubbornly persistent in seeking answers, which is my right.



To: John Chapman who wrote (3852)6/5/1998 3:34:00 PM
From: Michael Sphar  Read Replies (1) | Respond to of 7491
 
Hi John, I'll certainly agree that this concentrated interest in CSHK appears to be anomolistic. However I don't think there are simplistic blanket conclusions that one can draw from that, like 'they are a group of short-sellers seeking to harm the stock' or the like.

If you look at the whole FBN charade, which seems to have started as a reaction to Y2K exuberance last year, these are (and I again include myself) a group of SI-addicted people who are loosely amalgamated around certain points of mutual interests. Here are some: they enjoy reading, researching, humor, and investing, Y2K related discussions and posting.

Bottom line, I don't think any of them(us) have as a specific goal the destruction of CSHK's shareholder value. On the other hand, if CSHK can hold up under the analysis and scrutiny that this attention brings, then you and the other shareholders might stand to benefit in the longer run. Certainly this dialogue has yielded more information about the company than was present when you wrote this at the Thread header:

"I do not know much about this company except that I own it."

You know as the saying goes, knowledge is power, and the public sharing of that knowledge is at the essence of what SI is all about.

By the way, I came across one of your early posts on the Xicor thread
a few days ago, as I was contemplating the horrible beating that stock has taken these past 10 months. I hope you don't also feel my pain on that one.