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

To: Mr. Pink who wrote (3825)	10/8/1998 6:54:00 PM
From: TraderXx	Read Replies (1) \| Respond to of 18998

Mr Pink....can you explain something for me? why is it that the financials like PVN rebounded from the days lows, even after the announcement that congress was proceeding with impeachment inquiries? Wouldn't that normally signify a lack of confidence in the market? Is there something I'm missing or is this just a temporary bounce? Thanks for your insight.

To: Mr. Pink who wrote (3825)	10/8/1998 7:08:00 PM
From: RockyBalboa	Read Replies (2) \| Respond to of 18998

[OT] How does SI rank the threads? By number of visits? Different posters? Or does the (relative, consider DELL) success of the ideas posted herein count? Thank you a lot for the good work, Mr. Pink Greetings C.

To: Mr. Pink who wrote (3825)	10/8/1998 7:43:00 PM
From: Peter V	Respond to of 18998

And a Pink pick (PVN) makes the Fool news (no mention of the inestimable Mr. Pink though). fnews.yahoo.com Oct 08, 1998 (6:12 PM ET) - The Motley Fool Evening News Capital One Financial (NYSE:COF - news) and its competitors in the credit card lending business got hammered again today on concerns of a recession and worries that given the ugly credit market, it will become harder for the companies to securitize their loans and grow their businesses. For these credit card issuers whose customers are predominantly in the lower- to middle-income brackets, a recessionary environment would mean less revenue and higher charge-offs because lower- and middle-income households are the hardest hit in economically challenged times. But concerns of a credit crunch may be overblown because the market for securities backed by credit card receivables is so liquid, especially with the short duration of so many of these securities. Finally, the Department of Justice's antitrus t suit against Visa and MasterCard wouldn't hurt credit card issuers like Capital One. These issuers would actually benefit from being able to issue American Express and Discover cards. Worries about pricing due to antitrust pressure are also overblown. With hundreds of issuers, pricing (including the cost of benefits for cardholders) is very competitive in the credit card industry. Today, Capital One took a hit of $4 15/16 to $62 1/16, Household International (NYSE:HI - news) lost $1 13/16 to $26 3/4, and Providian Financial (NYSE:PVN - news) plunged $2 11/16 to $50 1/2.

To: Mr. Pink who wrote (3825)	10/8/1998 8:04:00 PM
From: Dante Sinferno	Respond to of 18998

<< Mr. Pink's Picks is once again #1 on the SI charts.>> You mean there are other threads ? Who knew !! Pink for President ! Rob

To: Mr. Pink who wrote (3825)	10/8/1998 9:43:00 PM
From: USRX888	Read Replies (1) \| Respond to of 18998

Say Mr Pink........... MER reports 10/14 ..... earnings look much worse than anticipated...........much worse USRX888

To: Mr. Pink who wrote (3825)	10/9/1998 9:34:00 AM
From: richard badauskas	Read Replies (2) \| Respond to of 18998

An interesting event driven micro-cap with a market cap of US$20M is Geo2 Ltd (Australian Exchange 'GEL' , ADR's quoted OTC 'GEOTY') web-site at aircommunications.net Geo2 has developed 11 environmental remediation technologies 5 of which are now commercialized and sales started at the end of the first quarter of '98. They have developed very high quality portable water purification units which the Chinese tested in the recent heavy floods in China and immediately set up sales contracts for 300 units per year with additional orders to follow. The Chinese market is HUGE notwithstanding all of the current hadwringing about the Asian economy. 79% of all Chinese waters are polluted and this problem is a major priority for the Govt. Geo2 also owns a Chinese precious metals refinery located at HuLuDao. The operation is still small but is expected to generate sales revenues of US$75M within 4/5 years. The Chinese Govt last week announced that they intend to build up Govt reserves of gold reserves from 395 tons to 1,000-1,500 tons. This will be done by increasing internal production and purchases of gold. Geo2 has already been offered additional refinery capacity to increase production well above the future projected US$75M in sales and is in talks to finance a series of ventures to increase production. Geo2 expects to complete IMO certification of its maritime oil/water separators shortly and is negotiating to sell them to major maritime fleets including the navies of Australia, England and China. This technology allows major shipping to discharge ballast and bilge water at sea resulting in large cost savings being fees which are currently paid to ports to discharge the oily water. The web-site will up-date you on all of the other interesting developments going on in this little known company.