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Strategies & Market Trends : REXI is jumping up! -- Ignore unavailable to you. Want to Upgrade?

To: NASDBULL who wrote (35)	8/25/1998 7:54:00 PM
From: Mr. Pink	Read Replies (2) \| Respond to of 83

REXI is worse than Mr. Pink thought. Management lied on conference call today claiming that company complies with FAS 125 and EITF 89-4. A close reading of EITF 89-4 (in conjunction with FAS 91) reveals that it does not comply with GAAP. This Pig should be shorted. Reiterate sell recommendation and downgrade to Triple Turd With Flies. Mr. Pink

To: NASDBULL who wrote (35)	8/25/1998 10:34:00 PM
From: Craig Schilling	Read Replies (2) \| Respond to of 83

Ignore the shorts, the bottom line is that this accounting information has been out in the public hands for over a year now. One firm raises questions only after stock runs up. Where were they with this warning a year ago. The bottom line is that they knew it would cause a sell off due to the unsettled market we are now experiencing. A good short trick that can be tried in this type of market as long as you don't get sued doing it. The news is out and stock went through the capitulation phase today. Insiders have not been selling so don't worry about much in the way of downside from here. The price will now stabilize as cooler heads come in to the stock.