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

To: Bill Wexler who wrote (2594)	9/4/1998 7:10:00 AM
From: Mr. Pink	Respond to of 18998

A CALL TO ARMS! All friends of Mr. Pink, please check out the REXI thread on Yahoo. It is hysterical!!! Fast Eddie "Chef Boyardee" Cohen AKA The Snake has hypnotized the REXI lemmings. As Mr. Wexler pointed out, it is an all out war--worse than the ACRT thread. Mr. Pink invites one and all that has ever profited from a Mr. Pink pick to descend upon the thread and share your thoughts on REXI and if you have an opinion about Mr. Pink, feel free to deposit that as well. Mr. Pink REITERATES REXI with a T3/F rating. Target price has dropped to $2.00 from 5. He is more certain than ever that REXI does not comply with GAAP and Chef Boyardee has been cooking the books. Accounting firm Grant Thornton famous for the Southmark mess in the 80s got a little too aggressive. Please booking gains to appraised value? What @#$@#$% crims!!!! There is nothing in the accounting literature that permits this. The company suggested that EITF 89-4 or FASB125 defend this methodology. B.S. Mr. Pink Himself and an accounting expert He has retained have found nothing to defend the bogus method. Obviously, Fast Eddie Cohen was propping up the stock with bogus earnings to inflate the stock and enrich himself at the expense of the poor suckers that bought the stock. See you all over on the REXI thread on Yahoo. Mr. Pink