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Microcap & Penny Stocks : NSKY - NEW SKY - Movie production and MoviePlace.com site -- Ignore unavailable to you. Want to Upgrade?


To: Donster who wrote (2323)3/26/1999 5:25:00 PM
From: DADEPFAN  Read Replies (1) | Respond to of 6548
 
I agree with Donster

There are two kinds of impact resulting from news. The first is the effect of the news itself (or just the fact that there is news). This is short term, and the stomping ground of the daytraders and P&D'ers. The second depends on the substance of the news, and what it means to the long-term health and revenues of NSKY. News, after all, is information provided to stockholders, and potential stockholders, to help them evaluate what may happen to the stock price in the future. This is what those of us who are long in this stock are interested in.

So, unless you are a daytrader or looking to pump & dump, how the news is disseminated (and to whom) should be less important than the content of the news, what it means to the future of NSKY, and the fact that you know about it.

This is, of course, all just IMHO.

Hey, that almost sounded like I know something about this stuff. I must have been possessed there for a while. LOL

8^)

Dave D



To: Donster who wrote (2323)3/26/1999 5:46:00 PM
From: vagabond  Respond to of 6548
 
Donster, thanks so much for the fast-response -- and I should probably be equally-quick in clarifying my concerns, lest I have given the wrong impression...

I absolutely DO understand and appreciate the desire to avoid hype or P&D tactics when it comes to NSKY. It's one of the attitudes that most-distinguishes New Sky shareholders (the "serious" ones, at least) from those who hold other stocks. So it's just fine with me that there was no advance-buildup about a pending PR. I'm perfectly happy to find-out about new developments "in a timely fashion".

I guess my concern in this case is just that there may have been a bit TOO MUCH "conservatism" in releasing this potentially-important news. Although members of the Si and Raging-Bull NSKY threads make up a fair percentage of the total shareholders, there are also obviously many OTHERS out there too -- as well as many MORE people who might BECOME serious investors, as they learn more about the company.

But because of the way this news was issued, many current shareholders and possible future-investors may not find out about it for several days (or even longer) -- which seems unfair to them, and potentially harmful to NSKY as a whole. So while I have NO problem with Reynolds waiting until an appropriate time to release news, I do think it's important that once it IS released it be made fully-available to the entire investment community. That's all I was trying to say, really -- and I hope Reynolds WILL have Colleen put the news out on the regular PR-BusineessWire as soon as possible next week.

Hope this puts my thoughts into better perspective -- and again, Donster, thanks to YOU for your continued help to all the rest of us here...

vagabond



To: Donster who wrote (2323)3/26/1999 6:23:00 PM
From: OFW  Read Replies (4) | Respond to of 6548
 
May all NSKY shareholders forgive me for posting this . . .

. . . but, I believe I have earned the right to post my objective views on this thread - and hopefully, to open a serious dialogue.

The bulk of the selling this afternoon was not done by a passing daytrader or a pump-and-dump artist. It was done by me. Yes, that's right, late in the day I sold on the open market a sizeable portion of my rather large NSKY holdings. I still have several hundred thousand shares and will always hold some, but I felt as though I had no choice but to reduce my NSKY holdings.

After David Sirk posted about the company not paying for news distributions, I personally telephoned the Logan Group and in a return phone call was told that Mr. Reynolds decided the expense of news distribution on Business Wire and PR Newswiere was not justified. The PR firm spokesperson did point out that it was submitted to Reuters.

In my humble opinion, NSKY's decision NOT to pay a few hundred bucks for an important news release, tells me a great deal about the company. How can I be asked to believe that NSKY can actively publicize and promote upcoming movies when they are unwilling to adequately distribute a rather significant press release.

Furthermore, I am bothered by Mr. Reynold's email to Donster in which he said the details of the "private loan" necessary to make the acquisition would be available in the upcooming 10Q filing. I do NOT like insider deals which allow for a co-mingling of the finances of the company and their officers. Please note that I am NOT saying anything is wrong with this deal or that it is NOT in the best long-term interest of the company. However, I firmly believe the details of any such insider arrangement should have made public today in a widely distributed news release. For that not to have been done, leaves alot of questions to be answered.

I accept that Reynolds is building this company and that it may do well - perhaps in the very near future. However, I firmly believe that Mr. Reynolds and the Logan Group need to take a lesson in public relations. The manor in which public relations has been handled recently is, in my opinion, less than professional.

Like I said earlier, much of my NSKY holdings are intact. However, I believe it is appropriate for us to now have a serious debate concerning the manner in which Mr. Reynolds is communicating with shareholders.

Offie



To: Donster who wrote (2323)3/26/1999 6:47:00 PM
From: PATRICK S.  Respond to of 6548
 
To all:

I just talk to a broker at Dean Witter. I asked him to see if
there were an announcement for NSKY on Bloomberg. He
told me that there was one this morning but it only said:

"results of $(13,700) vs $(10,331). Story to follow"

I asked the broker if that was it. He told me that there were
no more details. This seems strange to me. Maybe there was
a problem with Bloomberg

Anyone else ever see anything like this?

Pat