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

To: S Shaw who wrote (2223)	8/27/1998 11:11:00 PM
From: chris of nyc	Respond to of 18998

Well said E. Shaw. The reality is, SRCM is junk. 2 firms recommend it. 1 is Southeast securities. Arent they a penny stock firm like Stratton Oakmont. The other I think is Pru. Funny how they give SRCM a strong buy when the stock is falling out of bed. I'm not too familiar with Mr. Pink, but if he's doing his own DD and suggests that a stock is over valued & priced, then that's his opinion. No need to get mad at him for expressing his views. Besides Deejay, why are u so concerned?!?! I'm sure the downtick from 39 to 8+ is solely due to him RIGHT?!?!? Get real, wake up, and face the music. Obviously 6 lawsuits, bad earnings, downturn in all world markets, and a relatively uninspiring product line wouldn't affect the stock at all according to you. Hey DJ, wanna buy a bridge?!?! Better yet, want to buy Manhattan for some beads and trinkets. Doo your own DD, and stop crying. Take the good with the bad..

To: S Shaw who wrote (2223)	8/28/1998 12:54:00 AM
From: Dee Jay	Read Replies (3) \| Respond to of 18998

mmm, Scott, you've provided a somewhat reasoned post and I'll reply accordingly - as someone who holds stock I have had some losses of late, which puts me in with vast legions of people. I hold nothing against Pink's analytical abilities; I see much more Machiavelian motivations in using those abilities to purposes which I think are illegal at worst and morally questionable at best. I do my DD and I do not fall in love with stocks; I find the fundamentals exceedingly important and when they no longer meet my criteria I sell. I have traded MRVC numerous times since I first bought well over a year ago as part of my strategy to take profits and/or to lower my cost, but I believe it's a stock worth holding for the long term (more than 6 months), and until something changes the fundamentals I'll hold that view. I have an equal position in Ascend for the same reason. I have as large a loss in that stock as I have in MRVC - and no one says that BS about ASND yet the losses are the same and the prospects are fairly close to the same, IMO. You may disagree with my opinion and that's fine. As Willy Sutton said in response to a question as to why he robbed banks, "that's where the money is!" I came here to challenge Pink because that's where the mouth is. Dee Jay