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To: trenzich who wrote (3346)7/9/1998 1:34:00 AM
From: MADSKILLS  Read Replies (1) | Respond to of 5743
 
I smell another BRE-X



To: trenzich who wrote (3346)7/9/1998 7:19:00 PM
From: D.E. Shetland  Read Replies (1) | Respond to of 5743
 
That's because I haven't, old pal. There's no reason to sell or buy until one sees the clients Ingram has lined up and the retail response and the cable co response from Antec as far as I'm concerned. I'm a long term investor (in fact, I'm still making reasonable money on my TVL, probably the same percentage as your short position). I would be very happy to tell you all why and when I will sell, but it will be based on facts, plain and simple and it hasn't occurred yet --so your completely incorrect (as usual).

I've used this analogy all along old pal and I still look at it this way. I look at TVL as a "biotech-like" situation --the compound has has passed phase 3 development, has signed up very good marketers with access to the right clients, and is at the verge of commercializing it. I harbor no thoughts that this is a slam dunk, but I look at it as one very interesting speculation with a very, VERY skewed risk/reward at this point which I like for a part of my portfolio.

As such, I'm sure as heck going to wait around and assess what the level of interest in the product is. The leverage to success is large, very large (simple fact, the US$ gross margins should be around 40% and the net margins 15% --that is a fact, not a speculation) and the downside I can live with.

But honestly TZ, stop all your garbage talk about scams and the such (Especially because Acacia somehow passed your sniff test). All one needs to do is go visit the company and talk to the management (skip the IR idiots). It is a real company that's been around a long while, the management is highly ethical, works hard, has executed the controlable side of the business strategy reasonably well (not perfectly) and continues to push hard despite bureaucratic setbacks.

Fine, analyze the riskiness of success for the product all you want --I agree with you on some of that, but your hollow plaintive ill-conceived cries for "facts, real facts" and warped yelping of "scam" was seen through long ago. You have some legitimate questions, such as the possible purchase of the building. I'm not too worried over it since it's a wash in the numbers between depreciation and rents (which are rather low for the area --I guess management is helping subsidize the company a bit), but why don't you call them up and grill them on it. I'm sure they'll provide you with a rationale or the way they're looking at it financially. However, to insinuate they are doing something unethical when the scrutiny by outside Board members (one of whom is in the Ontario Bar Association), auditors and shareholders is extremely high is ridiculous.

So there you go old pal, long and waiting for real news. I'll make sure to tell you first when I decide to sell.



To: trenzich who wrote (3346)7/9/1998 7:25:00 PM
From: D.E. Shetland  Read Replies (1) | Respond to of 5743
 
By the way, getting good response from the article and the Madelaine Albright costume. Fund's are growing...#1 last 12 months and rolling.