To: David Smith who wrote (1666 ) 3/13/1999 2:21:00 PM From: TraderGreg Respond to of 3222
off topic With apologies to all for the off topic post: David Smith(nee Isaacs) was not franco, as David was at my house on occasion when Franco was posting, real time. DS didn't even join SI until 11/7/97, a week after franco started the CSMA thread. SI BOB can verify this. As hard as it is to believe, he did not dump CSMA shares when it ran to $2.62, holding on to all 600K+ until after the AdHatters/Envirotec spinoffs. He has all of those AH and ETEC shares in his account right now, which means he had to have had 600K shares still in Oct 98 when the spin off occurred. And no he didn't BTS along the way. Having known him for 35 years, there is one thing I can tell you about David Smith(Isaacs), he never does anything part way. Had he sold out, they would have all been gone in days and he would not have bought back. That I can tell you with metaphysical certitude. Brian H can verify this as well. We both begged him to sell some of those CSMA shares for BTS purposes. He never sold a single one. He did not buy shares of MDMI nor CSMA off the market.His avg price of CSMA was 25+ cents and 10+ cents for MDMI. He was OFFERED MDMI shares at .055 but before the deal was done, the publicly traded price was already at that level! He may have hyped MDMI on that thread, but guess what? others were as well. And they were the ones who sold off. Again, he never sold any MDMI shares and has all 200K+ shares of MDMI as well. Was he exuberant over CSMA and MDMI? Of course, weren't many of us? Again, sorry for the OT..I am sticking with SETO discussions from here on and wish to stay out of personal conflicts which I hope will stay in PM mode. TG