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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Lazarus who wrote (12609)2/27/1999 1:56:00 PM
From: David Sirk  Read Replies (1) | Respond to of 25711
 
No doubt this is a risky play. But you have to remember that they are not alone in the refinancing deal. They took on a partner who took care of the restructuring. So they do not have to worry about loosing there Rights to the YES logo. Yes the PR firm is getting paid in shares and I suspect they dumped a bunch in the First run up last summer. That's the way these guys oporate. They make sure that they get there money up front so they Make tons of phone calls and whip it up so they can sell there shares in the open market. This is what happened last summer IMO but now we have a whole new ball game here. seems like we are starting to build a base around 5. Lots of holders above .08. Just like any other Penny stock it could always fail. I read in you posts on the YSCO thread that you did not think the YES lable has much value and that it has less and Less every year. I differ. I think some one who wanted to market cheaply made Chineese or Korean cloths could take this lable and run with it. A bunch of Pretty young girls smilling with the YES brand tatooed to there ASS. it's a natural. I or no one else has been able to substanciate if the rumors of these Deals are true. But I could see how it would happen. It's not a long term hold but I think at these prices its is an excellent play. And you know and I know if the DEAL is true this sucker will POP to unrealistic heights real quick!



To: Lazarus who wrote (12609)2/27/1999 1:58:00 PM
From: P.E. Allen  Respond to of 25711