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To: Sailfish who wrote (2900)11/25/1998 1:10:00 PM
From: JP  Read Replies (1) | Respond to of 4256
 
<<Yep...This tactic is pulled lots of times by "slick, oily outfits".....But the end result usually is that they never really had anything that would have resulted in "material change" to their operations in the first place...For the most part, it would be quite difficult for most companies to keep the lid on any significant discovery for any appreciable length of time...>>

Lets go back to the original topic- I said that MEO may be holding back to release the info at a time that it would have the most affect on the stock. This would be something to BENEFIT the shareholders by getting a better, more consistent market reaction.

Remember that the MEO management and you and I have a common goal. To see the stock go up and stay up. MEO has absolutely no reason to play games these days. They have what is likely to be more pipes than ACA, they have lots of news to feed the market over the next year or so.
When I said that they maybe were holding back info for a week or so to help the stock -that is in no way bad.

Now others in the ADP that may say something is 'in the Lab' for so long that the shareholders quit waiting and the company never has to admit that there was nothing there -that would be slimy. JP



To: Sailfish who wrote (2900)11/25/1998 4:27:00 PM
From: ddl  Read Replies (1) | Respond to of 4256
 
Hi Ray... you got that right, "slick oily slick"... makes me laugh as one of my previous investments was in a Co. called IPM and the CEO's name was Allan "Oily" Doyle. Boy did these guys stick it to shareholders on holding back material change, especially 3rd party consultant reports which were never released and which were all probably negative and as a whole were serious material change.
Problem is, these guys know that when they get investigated, it's all done from an office and hardly ever are their books / records checked. That's too much work, time and trouble for anyone who's bitchin and complaining about having lost his investment.
but when it involves Billions (Bre-x), then it check it out time.
regards - denis