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.

Pastimes : John Dessauer's Investors World -- Ignore unavailable to you. Want to Upgrade?

To: Racman who wrote (1632)	10/5/1998 10:03:00 PM
From: Ralph C. Cinque	Read Replies (1) \| Respond to of 2346

If CPPKY really did resolve its debt issues, as Dessauer assumes in the mega-issue that just came out, then it seems to me that that would be very, very positive news. But the question is: why doesn't he check it out and find out for sure? I mean surely with all of his connections in Hong Kong and China, he would have a way to find out. I realize that information on the company is sparse, but this is not like searching for the Holy Grail. If he wanted to find out, or have Tom McIntire find out, or someone else in his organization do it, I'm sure it could be done. But I honestly don't think he cares one way or another. He's not interested. He doesn't really want to know. He has given up on the stock; he is itching to get it off his books; it's an embarrassment to him; it's an albatross around his neck; and it's got to go. As far as selling it for sixty cents to buy FFS, not only would you be paying commissions both ways, but when you add in the bid/ask spread both ways (remember, it's like a hidden commission, and on these obscure, foreign, very-low-priced stocks, it is often murderous), you would probably be using up a sizeable portion of the sixty cents from CPPKY just to get repositioned in FFS. It is really stupid, idiotic advice.