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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Carl Yee who wrote (1137)6/12/1998 11:17:00 AM
From: Greg M.  Read Replies (1) | Respond to of 2506
 
John,

EQMDE is also weak, any word?

Monty



To: Carl Yee who wrote (1137)6/12/1998 12:14:00 PM
From: Q.  Read Replies (1) | Respond to of 2506
 
Carl, LOCK is a hoot. Too bad I couldn't borrow either.

Funny thing is the analyst recommendation that came out June 9 from 'Chatfield Dean' with a buy, followed by a downgrade two days later following the news. That's egg on their face.

Funnier thing is that in the analyst report was their mention of how the co. would develop a laser-fingerprint detection system so that when you grab your handgun it will fire only if the correct person's thumbprint matches. It was to develop this in cooperation with another company, SLIC, with a stock price of about a dollar. When I looked at SLIC's filings, I saw that they had never made any such detection system before. So the whole story sounded utterly implausible to me when I read it two days ago. But the analyst took the whole story face value.

Funniest thing is the following release by the co.:
biz.yahoo.com