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Biotech / Medical : QGLY - Funny Name Great Product. -- Ignore unavailable to you. Want to Upgrade?

To: drakes353 who wrote (8800)	2/20/1999 3:14:00 PM
From: Richard Miller	Respond to of 8960

Drakes Good point--I overlooked. If you received millions off the top, and you had to cut the sales price to get WAl-MArt etc., in order to keep the SALES up, and your skim as high as possible, what would you do? Well, in the case of the honorable Q management, you'd probably cut the price to anything above a loss. Thus I predicted before and do so again that the profit margins will shrink to zero if necessary in order to prop up the sales. With the profit margin decline, who would want to buy this company? They have shot themselves in the foot with an UZI. But, I guess the plan was always, take it while you can. Once you flee from South Africa, maybe you get that mentality. What we need in Doylestown is one of those Truth and Reconstruction boards like they had in South Africa. Winnie would know what to do with these guys. Keep an eye open for next months Philadelphia Magazine. Hear they have a nice article on that motley crew.

To: drakes353 who wrote (8800)	2/22/1999 11:23:00 AM
From: WHL	Read Replies (1) \| Respond to of 8960

Lets see. Only $.18 per share this quarter. Only $2.5 million or so. At $5.00 per share, that's about 500,000 shares that disappear from the float. That's about .5/13MM or 4% of the stock. But the same company- the same cash cow- at the end of the quarter. With new products and an expanding market. Yet in 3 months earnings just got spread over 4% fewer shares. Sure, sure- this company is going down. Yeah right. I've noticed that just before major reversals in a company's stock price, there are people who seem to have more time to bash that company on the internet than a normal investor could spend. Perhaps they represent larger money than a single investor, trying to shake out dedicated shareholders and scare them into taking losses with the worst possible timing. Don't you think so?