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Non-Tech : Cable & Company (CCWW) -- Ignore unavailable to you. Want to Upgrade?


To: maurice18 who wrote (124)9/4/1998 12:45:00 AM
From: Bad Bart  Read Replies (1) | Respond to of 157
 
Amir,

Do you have any idea of the current total debt of Cable Co?
and authorized shares issued? I know i should do the DD...
but the current market is keeping me up late as it is ...

Bad Bart



To: maurice18 who wrote (124)9/6/1998 2:09:00 PM
From: Rande Is  Respond to of 157
 
Spoke with Parisian men's shoe salesman. He claimed Parisian is "blowing out Cable and Co. and B B lines due to company going bankrupt." They were sorry to see the excellent shoe line go.

This explains waning price of late. I was hoping to see their new line save them from disaster. They had shot their remaining wad in the release of these new designs. The Bacco Bucci line is so very nice that I would personally wear each design in the line with pride. Too bad.

I would imagine the few large clients that CCWW has are more informed than the stockholders at this point.

My take is that an "organized" group of brokers, investors and scum bags began shorting CCWW heavily a few years ago when it was what 30 bucks? [I don't remember how high it got] This could have had something to do with a vendetta against company or principals, as it seems intentional.

They no doubt made a lot of dough when they covered in the pennies over the last year or so. Problem is that once a manufacturer gets sent to the pennies for any length of time, they can no longer get the banks to issue loans to front their new lines. This means they must begin self-consumption of the company to dig up desperately needed monies, which explains recent launch of BB line.

Unfortunately, it was too little too late.

Rande Is