Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Pink who wrote (1855)	7/21/1998 9:48:00 PM
From: Elijah Prophet	Respond to of 18998

XYBR and RMII - Good shorts? Mr. Pink, I have sent the same question to two other short gurus -- Bill Wexler and Roger. I now humbly ask your opinion, which I value the most. From MarketGuide, Xybernaut (XYBR) has over a $100 million market cap, $830 thousand (yes thousand) in revenue and a loss of nearly $8.6 million. The company completed not one but two recent S-3s. It looks like they are living hand to mouth with very little cash. Again from MarketGuide, Rocky Mountain Internet (RMII) has over a $100 million market cap, $6.5 million in revenue and a loss of $4.5 million. When I checked the Edgar filings on Rocky Mountain, I found an S-1 filed May 15, 1998: sec.gov Buried in the text I found the following passage, "Common Stock Outstanding After this Offering 15,271,266 shares" with the appropriate legal notes attached. A little quick math gave me a market cap of over $240 million for Rocky Mountain. The S-1 also showed that 8,742,794 shares where sold by "Selling Securityholder." The list of "Selling Securityholders" begins with: Douglas H. Hanson 5,500,000 Shares; Douglas H. Hanson 3,950,000 Warrants; Again from the S-1, "Mr. Douglas H. Hanson is the President, Chief Executive Officer, and Chairman of the Board of Directors of the Company." What do you think?

To: Mr. Pink who wrote (1855)	7/22/1998 2:14:00 PM
From: Mr. Burnt Sienna	Read Replies (1) \| Respond to of 18998

Just wanna say Hi! Down here on the beach, nibbling gov'ment cheese, and checking my tan on a ColorMate. I gotto admit that I got so sick of SI censoring posts that I complained to their advertisers. Nice to see you're still able to post. Mr. BS

To: Mr. Pink who wrote (1855)	7/22/1998 2:47:00 PM
From: Peter V	Read Replies (1) \| Respond to of 18998

Fraud Lawsuit Filed for Purchasers of Sirrom Capital biz.yahoo.com NASHVILLE, July 22 /PRNewswire/ -- A securities fraud lawsuit was filed in Nashville, Tennessee on behalf of purchasers of Sirrom Capital Corporation (NYSE: SIR - news) Common Stock. The lawsuit seeks class action status and the representation of all purchasers of Sirrom Capital Common Stock who purchased their shares between January 20, 1998 and July 10, 1998. The lawsuit alleges that Sirrom and certain of its officers and directors failed to disclose the impaired value of certain of its key investments in and loans to several of its borrowers including Saraventure Fixtures and Precision Panel. The defendants allegedly concealed this information so that they could sell 6.9 million shares of Sirrom stock at artificially inflated prices and thereby reap over $160 million dollars before Sirrom collapsed in price. This lawsuit was filed by lawyers with substantial experience in prosecuting class action lawsuits on behalf of investors. If you purchased Sirrom Common Stock and wish to discuss this action and your rights or interests, please call or email the attorneys listed below.