Let me answer with the following info: First we have Jeffries: & Hambreqt and Quist two major regional Firms..vs Little old Key West and Me.. on UFEMQ
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX Page 1 of 2 BUS KEY WEST SECURITIES ISSUES Oct 22 1997 9:52 Immediate 'SELL RECOMMENDATION' on 'UFEM' Shares
Business Editors
HURST, Texas--(BUSINESS WIRE)--Oct. 22, 1997--Key West Securities, Inc. issues an immediate "SELL RECOMMENDATION" on "UFEM" Shares. Key West cites, consumer rejection and high cash burn rates at the Company, additionally any financing would substantially dilute current shareholders. If you would like to subscribe to Key West's "Confidential Research and Advisory Service," please submit your request via fax to: 817/428-5019 or 817/428-1053.
--30--BB/da*
CONTACT: Key West Securities, Inc., Hurst Anthony I. Elgindy, 817/428-5020
KEYWORD: TEXAS INDUSTRY KEYWORD:
THEN WE HAVE THE PRICE HISTORY:
<HELP> for explanation. DG36 Equity H P
C o m p / C L O S E / P R I C E Page 8 / 9 ULTRAFEM INC (UFEMQ US) PRICE .05 U $ HI 8 3/8 ON 10/10/97 Range 10/10/97 to 2/25/99 Period D Daily AVE .9921 VL 91253 USD Market T Trade LOW .005 ON 2/ 9/99 DATE PRICE VOLUME | DATE PRICE VOLUME | DATE PRICE VOLUME F 12/12 3 1/2 50900|F 11/21 3 3/4 68700|F 10/31 5 1/2 347500 T 12/11 3 15/16 87500|T 11/20 3 11/16 310600|T 10/30 5 3/4 106400 W 12/10 4 49200|W 11/19 3 11/16 92900|W 10/29 6 9/16 42000 T 12/ 9 4 5/16 40300|T 11/18 3 3/4 39400|T 10/28 6 13/16 190700 M 12/ 8 4 1/4 100100|M 11/17 3 7/16 346600|M 10/27 6 160100 | | F 12/ 5 4 5/8 101100|F 11/14 3 7/8 433300|F 10/24 6 3/4 91200 T 12/ 4 4 9/16 398500|T 11/13 3 1/2 209600|T 10/23 6 7/8 79100 W 12/ 3 5 5/8 494800|W 11/12 3 7/16 244700|W 10/22 7 3/16 85400 T 12/ 2 5 585100|T 11/11 3 7/8 382200|T 10/21 7 1/16 89200 M 12/ 1 3 23/32 110600|M 11/10 4 11/16 296500|M 10/20 7 3/8 112600 | | F 11/28 3 7/8 34500|F 11/ 7 5 241400|F 10/17 7 241700 T 11/27 |T 11/ 6 5 1/32 651000|T 10/16 6 3/8 299900 W 11/26 3 1/2 193300|W 11/ 5 4 1/4 2423300|W 10/15 6 5/8 229500 T 11/25 3 5/16 91600|T 11/ 4 5 17/32 82600|T 10/14 7 1/32 253600 M 11/24 3 1/2 35600|M 11/ 3 5 9/16 101400|M 10/13 8 1/8 115900 XXXXXXXXXXXXXXXXXXXXXXX
All the above prices are for 1997 starting 10-97:
Underwriters were: Jeffries and
Here are the headlines before I put out the sell. XXXXXXXXXXXXXXXXXXXXXXXX 1) BUS 10/97 KEY WEST SECURITIES ISSUES 2) PRN 9/97 ULTRAFEM REPORTS FISCAL 1997 YEAR-END RESULTS 3) BN 8/97 Ugly Duckling, Boston Chicken, C-Cube Microsystems 'On Special' 4) BN 8/97 Fila, Alaska Air, Boston Chicken, Central Garden 'On Special' 5) PRN 7/97 ULTRAFEM ANNOUNCES BOTH RECORD REVENUES AND ACNIELSEN MARKET 6) BN 6/97 Ultrafem Inc. Cut to 'Accumulate' at Jefferies & Co. 7) BN 6/97 Boston Chicken, Enserch, Fila 'On Special'; Repo Rate 5.33% 8) BN 6/97 Ultrafem Inc. Reiterated 'Buy' at Jefferies & Co. 9) BN 6/97 Ultrafem's 'Instead' to Be in CVS, Revco, Rite Aid (Update1) 10) BN 6/97 Ultrafem's 'Instead' to Be Sold in CVS, Revco, Rite Aid Stores 11) PRN 6/97 ULTRAFEM EXPANDS NATIONAL DISTRIBUTION WITH CVS, RITE-AID AND 12) BN 5/97 Boston Chicken, Ultrafem 'On Special'; Repo Rate 5.20% 13) BN 5/97 C-Cube, Enserch Exploration 'On Special'; Repo Rate 5.35% 14) BN 5/97 Fila, Imnet Systems and Enserch 'On Special'; Repo Rate 5.38% 15) BN 5/97 C-Cube Microsystems and Enserch 'On Special'; Repo Rate 5.27% 16) BN 5/97 Ultrafem, Enserch, Yahoo! 'On Special'; Repo Rate 5.22% 17) BN 5/97 Ultrafem, America Online, Staples 'On Special'; Repo Rate 5.25% 18) BN 5/97 Ultrafem, America Online 'On Special'; Repo Rate 5.33% 19) PRN 5/97 ULTRAFEM ANNOUNCES APRIL AC NIELSEN SHARE 20) BN 5/97 Enserch, Duke Power, Ultrafem 'On Special'; Repo Rate 5.29% To identify a newswire, type NTRB {wire} <GO>
1) BN 4/97 Yahoo!, America Online, Staples 'On Special'; Repo Rate 5.20% 2) BN 4/97 Ultrafem Inc. Reiterated 'Buy' at Jefferies & Co. 3) PRN 4/97 ULTRAFEM ANNOUNCES MID-APRIL AC NIELSEN SHARES FOR WAVE I, 4) BN 4/97 America Online, Netscape, Ultrafem Lead Shares 'On Special' 5) BN 4/97 Ultrafem, Xylan, Staples 'On Special'; Repo Rate 5.28% 6) BN 4/97 America Online, Staples and Xylan 'On Special'; Repo Rate 5.28% 7) BN 4/97 Imnet, Aames Among U.S. Stocks 'On Special,' Repo Rate 5.38% 8) BN 4/97 Aames Financial, Radisys, Xylan 'On Special'; Repo Rate 5.48% 9) BN 4/97 America Online, Aames Financial Lead Shares 'On Special' 10) PRN 4/97 ULTRAFEM ANNOUNCES MARCH AC NIELSEN SHARE 11) BN 4/97 Ugly Duckling Among U.S. Stocks 'On Special,' Repo Rate 5.42% 12) PRN 4/97 NEW FEMININE PROTECTION PRODUCT INVENTED BY A WOMAN FOR WOMEN 13) PRN 4/97 ULTRAFEM RELEASED JANUARY 1997 RESEARCH RESULTS 14) BN 4/97 Aames Financial, Radisys and Xylan 'On Special'; Repo at 5.37% 15) BN 4/97 Ultrafem Inc. Reiterated 'Buy' at Jefferies & Co. 16) BN 4/97 Ultrafem, Comprehensive Care 'On Special'; Repo Rate 5.23% 17) PRN 4/97 ULTRAFEM ANNOUNCES 94 PERCENT INCREASE IN REVENUES 18) PRN 4/97 ULTRAFEM EXPANDS INSTEAD(R) INTO FULL WESTERN STATE DISTRIBUTION 19) BN 3/97 Staples, Enserch, Ugly Duckling 'On Special'; Repo Rate 6.25% 20) BN 3/97 Staples, Marvel, America Online 'On Special'; Repo Rate 5.35% To identify a newswire, type NTRB {wire} <GO> XXXXXXXXXXXXXXXXXXXXXXX
Hambreqt and Quist and Jeffries both raised over 70 million for them But I still went up against them as far as the fundamnels..
here is my second release on UFEM. XXXXXXXXXXXXXXXXXXXXXXXX BUS MARKET MAKER KEY WEST CLARIFIES IT'S CAPACITY Feb 17 1998 10:18
Business Editors
DALLAS--(BUSINESS WIRE)--Feb. 17, 1998--Key West Securities, Inc. is a Texas based-Nasdaq Market Maker that trades primarily for itself and its Investing Partners. "Key West specializes in identifying and uncovering equities that it believes are overvalued, manipulated or even possibly fraudulent along with other suspect activities in the market place. Key West is currently investigating methods that we can share our research with the general public in an attempt to aid current shareholders prior to a precipitous drop or possibly even a trade halt," according to Anthony Elgindy, chief analyst for Key West. Key West's chief analyst, Elgindy has for the past three years aided the US Department of Justice, IRS, FBI, US Postal Inspectors, the SEC and the NASD in identifying and uncovering abuses in the marketplace. He has testified for the SEC in Federal Court and has aided Regulators and civil and criminal law enforcement agencies. He has been featured in Forbes, BusinessWeek, The Denver Post, KDIF Radio, Motley Fool Features, Investors Daily and was interviewed by ABC's chief investigative correspondent, Brian Ross, for ABC's show 20/20, regarding his insights into the presence of organized crime on Wall Street. His assistance and involvement has led to felony convictions of at least five individuals thus far. According to Elgindy, "Key West Securities, Inc., has issued several press releases during the past year, however we would like to clarify and disclose that in connection with the following companies and our coverage, Key West is and was a Market Maker in the following securities." "In addition, Key West maintained positions that were consistent with our recommendation. Key West may be short, long or flat any security at any time and this position may and does change without notice," he added.
Key West initiated SELL Recommendations on the following companies:
-- SELL "JYRA" August 18, 1997 @ $32 5/8 -- SELL "IPMCF" October 8, 1997 @ $5 1/4 -- SELL "UFEM" October 22, 1997 @ $7 1/4 -- SELL "LOCK" October 9, 1997 @ $5 3/4
"Key West Securities, Inc. is the source of the above information which it deems to be accurate and truthful. Key West currently maintains the same position and has not terminated coverage of any of the Securities named above," said Elgindy.
--30--JT/da*
CONTACT: Key West Securities David Hardaway, 817/428-5020
KEYWORD: TEXAS INDUSTRY KEYWORD:
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-0- (BW ) Feb/17/98 13:02 EOS (BUS) Feb/17/98 13:03 86
-0- (BUS) Feb/17/98 13:18
XXXXXXXXXXXXX NOW LETS LOOK AT THE CURRENT PRICE:........ XXXXXXXXXXXX
1999 XXXXXX
C o m p / C L O S E / P R I C E Page 1 / 3 ULTRAFEM INC (UFEMQ US) PRICE .05 U $ HI .1 ON 2/16/99 Range 9/ 1/98 to 3/ 1/99 Period D Daily AVE .0143 VL 36575 USD Market T Trade LOW .005 ON 2/ 9/99 DATE PRICE VOLUME | DATE PRICE VOLUME | DATE PRICE VOLUME F |F 2/12 .07 456700|F 1/22 .005 6000 T |T 2/11 .023 83600|T 1/21 .005 7000 W |W 2/10 .017 501500|W 1/20 .005 9000 T |T 2/ 9 L.005 190100|T 1/19 M 3/ 1 .05 7000|M 2/ 8 .005 1000|M 1/18 | | F 2/26 .06 16400|F 2/ 5 .005 10000|F 1/15 .005 500 T 2/25 .06 11300|T 2/ 4 .006 45000|T 1/14 .005 6200 W 2/24 |W 2/ 3 .005 5100|W 1/13 .005 700 T 2/23 .05 10300|T 2/ 2 |T 1/12 .006 16100 M 2/22 .06 161800|M 2/ 1 .005 1200|M 1/11 | | F 2/19 .055 55000|F 1/29 .005 354800|F 1/ 8 T 2/18 .06 18500|T 1/28 |T 1/ 7 .005 3000 W 2/17 .08 218200|W 1/27 .005 200|W 1/ 6 .005 200 T 2/16 H.1 195100|T 1/26 |T 1/ 5 .005 100 M 2/15 |M 1/25 |M 1/ 4 .005 5400 |