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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: marketmover who wrote (7666)4/11/1999 4:15:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 18998
 
VLNC has a facility outside Las Vegas and another "manufacturing" facility in Ireland.

I can't go into a great deal of detail on an internet chatboard but I'll borrow a phrase from Mr. Pink and say my "operatives" have taken a close look at the Henderson facility, investigated the details surrounding the shipments of equipment (lor lack thereof!) to Ireland and the reasons surrounding the departure of the CTO.

VLNC is also fraudulently promoted by a shoe peddler named Don Wolanchuk.

I am extremely comfortable with my short position.