To: s martin who wrote (17209 ) 1/26/1999 9:51:00 AM From: Ellen Respond to of 26163
>> Uh oh, you misspoke yet again. MK had posted fo the SEXI thread for quite some time prior to posting on the RMIL thread which he first did in response to having one of his posts from another thread posted to the RMIL thread. When it was posted there to support a point of the RMILians, MK made his first appearance to point to the fact that his post had been edited. Any doofus who bothered to read the SEXI thread would have known that he was a broker, it was not an unknown. << Sure, any doofus could read the SEXI thread. It may be a shock to you that not everybody had read it though at that time. I dare say there are persons out there who still haven't read it. Why would you think that just because it's there that everybody has read it? That's just plain silly logic. Now, Kugler often claimed to have "appeared" on the OVIS/RMIL thread(s) because, as you defend, a post of his had been copied there. But that isn't the case at all, is it? Here are his first three posts to OVIS/RMIL -POST #1334 Message 2033269 To: DJ Byrne (1290 ) From: michael d kugler Saturday, Aug 23 1997 2:18AM ET Reply # of 13121 Why are you asking for your certificates? POST #1335 Message 2033320 To: Riley G (1304 ) From: michael d kugler Saturday, Aug 23 1997 2:43AM ET Reply # of 13121 I am puzzled by your request to call in the certificates. Does this mean I should take delivery? POST #1336 And in this one, he begins "dispensing advice" while STILL not having yet stated to the thread that he's a broker.Message 2033346 To: Tom R. Clarksburg (1317 ) From: michael d kugler Saturday, Aug 23 1997 2:57AM ET Reply # of 13121 Gentlemen, My entire post is not present on theses threads. What is missing is my comment about not getting caught in a trap where you may not get your certificates for weeks while a stock is tanking. It means you can't sell because you can't deliver in time for settlement. This is a potentially dangerous game for shareholders. You can also put the stock into non-margin accounts, and they can't be borrowed. But your broker is a safer custodian for those certificates and guarantees liquidity by guaranteeing good delivery of certificates at settlement. While I am all for beating the shorts at their own game, this amounts to playing chicken with a BB company. Ask the people on the GIFS thread about the consequences of ordering out their certificates. There is no company to send out certificates, even if there were now a bid on the stock. Shareholders who asked for certificates are in limbo. I have not seen any posts about what this company does. Are the fundamentals so sound that the stock can support a $20 price? Let's try to get a little realistic. If you think you can squeeze forever, you're dead wrong. The shorters will find out a way to decimate you, if the fundamentals don't. Be very, very careful.