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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 (5250)12/22/1998 9:18:00 AM
From: Stevie  Read Replies (3) | Respond to of 18998
 
Mr Pink..Why do you paint such an unbalanced picture of the NMN article about FirstPlus?

Is it because it doesn't support your narrow minded view?
Why didn't you provide the link to the article in your post?

nmnews.fgray.com

Why didn't you post ALL the content of the article Mr Pink?

Heres what it REALLY says Mr Pink..

"FirstPlus is out of the woods now and they realize that the deal
with Coast-to-Coast (which owns Superior/Alliance) was a fire sale," said one observer familiar with the transaction."

First Plus OUT OF THE WOODS Mr Pink?
Why..I don't know about you..but I wouldn't be sleeping Very comfortably short this company with THAT news out!!

Can that be true? Thats what the article says Mr Pink. How does that tie in with your reference here of BANKRUTCY? And you even referred to that article to supposedly support that theory.

Could it be Mr Pink that with the companies restructuring..cost savings..restructured credit lines...that their liquidity problems
are OVER?
And if thats the case..why would they want to sell servicing for
a measly 75 million when they now can comfortably take their time
to shop it and..if the price is right.sell it..and if not..they won't.
And Mr PINK..NO SUPERIOR deal means NO WARRRANTS issued.
You know..that 20 million Warrants that would dilute earnings 40%.

Mr Pink.If FP has restructured their Credit lines..and the cost
savings have kicked in...NO C2C deal is GREAT NEWS.

Try to present fair commentary Mr Pink..

For a change.

Merry Christmas...
And if anyones short this company..I suggest you read that article
VERY carefully or it just might be YOU filing Bankruptcy :>)