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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (1715)7/22/1998 2:59:00 PM
From: Dante Sinferno  Read Replies (2) | Respond to of 4634
 
<<(GBUR) announces no steak>>

Not only that but they appear to be out of cash. Any opinion
on where they might get it ? Do you think they'll have to sell
equity , borrow , or are they hoping sales will pour in from these
commercials ?

Rob



To: Bill Wexler who wrote (1715)8/13/1998 5:32:00 AM
From: Bill Wexler  Respond to of 4634
 
Reiterate a very strong sell/short-sell recommendation on Gardenburger (GBUR).

10-Q is now out. Recent token purchases by insiders smell funny (particularly in contrast to the massive sales by one of the founders), and the overblown promotional campaign smacks of desperation.

GBUR is grossly overvalued and should be shorted at any price over 5 but caution is advised. I don't see evidence of any gross management misconduct (yet), and the stock is very squeezable.



To: Bill Wexler who wrote (1715)8/26/1998 8:54:00 PM
From: Bill Wexler  Read Replies (2) | Respond to of 4634
 
Stay the course - and continue shorting GBUR

GBUR has made several runs to the low teens and keeps slumping back to 11 and change. I feel that the stock is grossly overvalued and should be shorted at any price over 5.

Gardenburger continues to burn astounding amounts of cash in an effort to buy TV air time to hawk its commodity product.

There ain't a lot of profit in selling compressed salad.