To: Mr. Pink who wrote (5055 ) 12/10/1998 1:26:00 PM From: THESTOCKMAN Respond to of 18998
Mr. Pink, RE: KLOC, I am a new member of SI and am glad to be able to post now from time to time. I have been reading your thread over the past few months and have determined that you seem to know what you are about. Most recently, a friend who knew I was in FHT told me you were touting it and I had to look at your comments. I read them, agreed with most of your analysis and subsequently increased my position. So far, that was the right thing to do! Thanks. On another note, however, while I was on your thread, I noticed what you said about another stock, KLOC. I read what you said about Yahoos(YHOO) and Infoseek(SEEK) infusing appx. $5million into the company and gearing up for their new internet spinoff IPO with 1-800-uusearch. I was so impressed with this story that I called the company, who sent me investor info and I subsequently bought a fairly large position in your pick. So far I have had my "Klok" cleaned and now I find out you bailed! I do not understand your methods here! I would think that if your information was correct concerning the Yahoo and Seek cash infusion and with the Jerry Springer movie out and already earning $5 to $6 million in its first week, that you would be ADDING TO YOUR POSITION instead of running scared. What has changed since your original post? I see nothing other than some small market fluctuation which you're going to have in these smaller cap situations. Please give me and most of your other followers some help here! I cannot afford to take this substantial of a loss. I was at least going to hold until the spinoff was announced and news hit the mainstream! Are you considering buying back in at these reduced prices? I am very concerned and very interested in why you have apparently changed your mind or were you just looking for a day trade? (Not accusing at all, just want to know a reason.) Sincerely, THESTOCKMAN