To: Angel D who wrote (54272 ) 3/21/1999 7:02:00 PM From: s martin Read Replies (1) | Respond to of 55532
>>I guess that I'd have to agree with you on that. In retrospect, from a "longs" point of view, there never was any "substantive" information to be posted. That is, unless, one considers "I just got off the phone with GM (or RB or Lori or whoever) and found out that the money is due any day, the plants are only temporarily shut down for maintenance, there are new contracts in the works and the boat is booking cruises, etc." to be substantive. << I guess the problem I have in understanding the yay position is... surely some of you checked out some of the information. When you found you were being lied to.....what kept you silent on the matter? I put Riley and Pugs in a separate category from the other yays. I think they definitely knew that things were not as advertised, yet they kept everyone hanging in by refusing to admit the truth. I think many yays simply assumed that Riley had his money in the pot and that he wouldn't put himself on the line unless he knew something good could come of all this. I also think many yays thought there really was a cavalry who had supported this crusade by investing lots of their own money. As it turns out this was a house of cards with nothing to hold it up. I think the halt was a relief to the company because it was their only way out of the mess. The halt has relieved them of the responsibility of making those filings which, if honest, would have had to reveal the payoffs and the closed facilities. It's also my opinion that Riley was no more duped than the man in the moon. I believe ptm when he said that Riley was a part of the scheme by Zapara/marketmakers/brokers/M & B to inflate the price for their personal gain not to gain a listing on AMEX, that was hog wash, they knew they weren't manufacturing clothing. I'm not looking for an "uncle" from you. I think what I'd like to know is whether you've bought into his scenario ?