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


To: Peter V who wrote (1858)7/23/1998 8:29:00 AM
From: Mr. Pink  Read Replies (1) | Respond to of 18998
 
SIR has at least 3 more points of downside. Management came off as major bufoons on the conference call on Monday.

The call was the most hilarious call Mr. Pink and His affiliates have ever heard. One caller asked if Tandem Capital was financing the Nashville Singer's Hall of Fame. Miller was flustered, refused to answer and said "next question".

The call marked the transition of Sirrom from reputable finance company to a bucket shop extraordinaire. The management sounded no different than many of the fraud stocks in Mr. pink's short portfolio. It was desperate, but also somewhat pathetic.

Meanwhile rumors abound of a sale of the company...Give Mr. Pink a break. Remember similar stories about Cityscape? Now Source Media, another sack of fecal matter has the same rumors.

SIR heading for 10 bucks.

Mr. Pink