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Strategies & Market Trends : Resource America (REXI) -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Pink who wrote (207)	1/5/1999 1:52:00 PM
From: PaperProphet	Read Replies (1) \| Respond to of 220

I agree. It would be smarter to wait until after you cover to announce it. Just like on your thread, you can claim much better results if you say you covered a while ago before the stock started to go up. You seem to have a good following over there but I don't believe you have enough to move a stock, and even if you did, I certainly don't think you can get people to keep giving you their money forever. Of course, judging by the posts I've read over there, maybe you could. Either way, good luck.

To: Mr. Pink who wrote (207)	1/6/1999 1:59:00 AM
From: Scott Bergquist	Read Replies (1) \| Respond to of 220

Mr. Pink, you have rather "cartoonish" and simplistic images of management at REXI; it doesn't add much to my thinking. However, in reading the 10K, I am concerned when I see management (esp E Cohen) involved in so many businesses, and businesses within businesses! I hope EC is a good delegator! Concomitantly, it would seem almost impossible to maintain some sort of "underhanded" activities as you would ascribe, while rushing around "from board meeting to board meeting"; "loose ends" would be oozing out all over- far more evidently, and far sooner than "now" (last year or two). I think you give too little credit to the many, many people involved at Resource America who would have to "play along", not to mention Lehman Brothers, and others they do business with. Were you ever short Hayes Modem, when it was resurrected out of bankruptcy with a merger with Access Beyond? That was a complicated deal, but the "shorters" made 900%