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Microcap & Penny Stocks : DOUBLE DAY, INC. (BB: DBDY) BIG GAINS LITTLE RISK -- Ignore unavailable to you. Want to Upgrade?


To: RICE who wrote (2185)3/10/1999 11:01:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 2303
 
RICE, thank you for your kind words, but that is no way to bridge a gap between my "fair valuation" of $.23 and yours and supposedly the company's fair valuation of $.75 to $1.

First, an official of a company has no business commenting on the possible future price of his company's stock, that can end the company into trouble with the SEC and who knows how many "ambulance chasers" in case they the rpice somehow takes a tumble. If they end up on the SEC lunch table, the stockholders the SEC is trying to protect (at least those that have bought) suffer. Of course the SEC prevents more misery spreading after they get into action by those that would have bought but did not yet.

Second, what is your rationale for a fair value of $.75 to $1. A dart aimed at a wall or some analysis on which we can rationally agree or disagree?

Zeev