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To: L. Michael who wrote (17068)	7/4/1998 12:54:00 PM
From: cascara	Respond to of 50264

I'm not saying he should go away. I'm just saying recognize him for what he is. I just went through this for 2 months with a great growth company that had a small accounting problem that led to the resignation of their auditors. It was the auditor's mistake, but the institutions dump first and ask questions later, as they should, when there's uncertainty about auditors. The stock lost 30% of its value in 1 day. The shorts were on it like flies on carcass. Fraud, cooked books, big 6 auditors don't make mistakes, incompetent management, why no news, they said it would be taken care of in days but it's been weeks, and on and on. Sound familiar? And this for a 20-year old company that should be widows and orphans stuff for the next decade at least. Despicable tactics, but you have to give them their due, it worked. Over the next 2 months the stock lost another 10% and people who should've known better got out with losses. PRs came out last week resolving the issue, the stock bounced up 20%--the shorts covered and haven't been seen since. You can listen to Analyst10 if you like, shorts have a right to be heard, but just be aware of what you're dealing with--including well-meaning folks whose feelings have been hurt, L. Michael. cascara, realist