Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Gary M. Reed who wrote (3177)	9/30/1998 10:52:00 PM
From: Bill Wexler	Read Replies (1) \| Respond to of 4634

<<Bill, can you please explain to us why DTLN is your #1 short selling idea?>> Reason #1: fraudulent stock promotion, i.e. false rumors being spread about a buyout of the company in order to artificially inflate the price of the stock. Reason #2: It sucks as a business. Subscriber growth is down to zero, cash is down to zero, technical problems abound. In the last letter to the shareholders the Chairman goes about explaining how the sales force couldn't do their jobs because they were too busy helping customers "realign their dishes" when their satellite went down. Not exactly an awe-inspiring company. <<It is up about 3 points from where you were first spreading your drivel on the Yahoo boards.>> You should check out my #1 long pick - COST. It is down about 7 points from where I first started spreading my "drivel" about that company. However, I will eventually be proven 100% correct about COST, just like I will be proven 100% correct about DTLN. Fraudulent stock promotions generallly jump all over the map before collapsing. Experienced short sellers deal with short-squeezes and manipulated stocks all the time. We count on the fact that the stock price inevitably reflects the true economic value of a business. <<You made the exact same mistake shorting TCOMA, only to see them get gobbled up by AT&T in a simular buyout deal.>> I covered my TCOMA and ATHM shorts a long time ago in the mid 30s. and openly discussed my errors in shorting them. If you would have bothered to keep up with the thread you would understand this. TCOMA is a real, growing business. Comparing DTLN to TCOMA is absurd. <<One would think that it is highly dangerous shorting a stock while they are in the middle of buyout negotiations>> You would think so. Except there are no buyout negotiations. I don't short frauds without doing my homework. You may want to review my comments about shorting CYBG when it was trading in the high teens (on its way to 1). Incredible how the CYBG shills sounded exactly like you...down to calling my accurate analysis of the CYBG fraud "drivel". <<I would just think there are better short sale candidates out there >> There may be, but in my opinion, there are few that are as certain to collapse as DTLN.

To: Gary M. Reed who wrote (3177)	9/30/1998 10:52:00 PM
From: S Shaw	Read Replies (3) \| Respond to of 4634

Barb Payne: What sayeth the POS or PSO at this juncture? Scott Shaw