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

To: D. Chapman who wrote (2545)	9/3/1998 12:52:00 PM
From: Kurthend	Read Replies (2) \| Respond to of 18998

D. Chapman, You had best do your homework before shorting GMGC. By the way, the convertibles are not floorless. Read the offerings.

To: D. Chapman who wrote (2545)	9/3/1998 3:20:00 PM
From: jjs64	Read Replies (1) \| Respond to of 18998

Agree with you on GMGC, I saw Portico back when it was called "Serengeti" and the stock was under $2. Notice that when their list of "partners" (er, retailers) was announced the stock finally cracked. Why? My guess is that the smarter money that happened to believe the story at the time saw that there are no big service providers getting behind this dog. BTW, The service/product is not necessarily bad, its just that it has very limited appeal, a la Wildfire. It sounds like a great idea, but in practice it just doesn't sell. best regards; Joe