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Gold/Mining/Energy : Solv Ex (SOLVD) -- Ignore unavailable to you. Want to Upgrade?


To: R.Mark Lubchenco who wrote (5878)7/30/1998 11:27:00 PM
From: David Coakley  Respond to of 6735
 
Thank you Mark. I've grown weary of the debate. They make claim after claim and point to the share price as evidence that they were right all along. Then they admit they don't follow this as closely as we do. Then they claim we're stupid and they're smart. Go figure.

The share price is where it is because short sellers wanted it here. The most amazing move "they" made (aside from the move in late March 1996) was when Merrill Lynch dumped John Rendall's shares to drive the share price below $5 to create another wave of selling by virtue of margin calls. These people are a lot like Clinton (i.e. Screwing people for sport and NO conscience!)

David



To: R.Mark Lubchenco who wrote (5878)7/31/1998 12:32:00 AM
From: Mama Bear  Read Replies (1) | Respond to of 6735
 
"10) Solv Ex never did hit .02"

Correction: SOLVQ has not yet hit $0.02.

See you there!

Barb



To: R.Mark Lubchenco who wrote (5878)8/2/1998 10:37:00 AM
From: Gary L Schultz  Read Replies (1) | Respond to of 6735
 
Mark,

First, everyone (including SOLV) emerges from bankruptcy. It is not a dead end process whereby someone who enters might not emerge.

Many of SOLV creditors were paid pennies on the dollar - not the total amount due.

Solv has very little cash.

Solv is debt free - a by product of Chapter 11.

A memorandum of understanding is meaningless and does not obligate either party other than to the extent that they agree on a basic premise. That is, they are a dime a dozen in industry.

By your list of SOLV accomplishments, if I were you, I'd buy all the SOLV stock that you could. Things are looking better for SOLV than they ever have.

Oh, don't forget that little pile of cash is going to be used up in the upcoming SEC defense.