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Non-Tech : Earthshell Corp. (ERTH) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Berliner who wrote (84)	8/24/1998 10:27:00 PM
From: rogermci®	Respond to of 409

Paul---These investment bankers are just stupid. They don't do any due diligence before underwriting new issues. Perhaps they would be interested in experienced analysts like yourself advising them on future underwritings. Just for the record I'm long this stock at 7 1/8 today after a couple of weeks of my own due diligence. Good luck to the shorts. roger

To: Paul Berliner who wrote (84)	8/24/1998 10:38:00 PM
From: CMason	Respond to of 409

Paul -- The number of "name" houses associated with the IPO's of extraordinarily weak companies is probably a good proxy for the degree of overvaluation in the market. It is clear that, at the time ERTH debuted, a lot of names were looking to do a deal, any deal, to keep their underwriting numbers climbing. Any longs on this thread should consult the threads for CCSI, ALTIF, and CYBG, among others, to see what happens to dramatically overvalued stocks when the market starts to notice the warts. BTW, an amusing qualitative indicator of problems is the presence of witless but vociferous longs on an SI thread. ERTH seems to have three, which appear to be no more than two, and possibly one, person. If all three of these virtual wiseacres were to aggressively carry their cant to Roger's or Bill's thread, (a la CCSI), then I would advocate borrowing against everything you own to short the stock. It's interesting that Beartracker claims that every stock they've recommended as a short is now lower since the recommendation. I can't vouch for this, as I haven't been archiving their recos, as Barb Payne has done for Asensio, but on the surface it looks good. Kind of amusing that the relatively modest amount I've earned on ERTH since I shorted today is infinitely greater than the company has generated for its shareholders over its entire life!