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To: thebeaver1 who wrote (16794)4/22/1999 8:11:00 PM
From: TsioKawe  Respond to of 40688
 
Continue on the current path they are on. Growth, Marketing, Sales, Interest in the service they are providing. Keep costs down, look into Merger candidates (preferrably NAZ companies) PNL cant control the way the stock was trading. I swore we had much more buying then selling at the support level $3 3/16ths. This buying actually broke down the support level due to MM shorts. Their books are much more important to balance then the Trashing of a future super company. It would be nice If someone could post the MM list to the facts thread for the record. Just so folks can come back at a later date for a review.

TK



To: thebeaver1 who wrote (16794)4/22/1999 10:47:00 PM
From: Frederick Langford  Read Replies (1) | Respond to of 40688
 
Exactly. And how do they get the stock value up?

For one thing, they make damn sure there is no dilution.
Share buybacks, demonstrating faith in the company is the best scenario, but that does not appear to be an option.
If management allows insiders to dump in May, by not extending the freeze, they do not deserve your loyalty. They have a fiduciary responsibility to their shareholders. There is always the risk of dilution from financing, that's expected, but to dilute value before having achieved Nasdaq price qualifications, is not the way to treat such loyal holders.
I realize that long term holders are not concerned with 'price', but might I remind you as the value of your portfolio diminishes, so does your net worth. This has been a very hot market, companies who do not dilute will have more valuable shares for necessary acquisitions, etc. From the beginning credibility has been the issue. Plenty of companies who are bb and non reporting have sustained higher prices when an event of this level occurs.
Loyal shareholders should make every effort to contact the management team and voice their opinion.
Perhaps the original shorts initiated the question of credibility. Today, however, management and the long termers had better address this issue. Each time this kind of huge drop occurs, on this much volume, (a normal retracement is 25 to 50%, not 75% over a few days), the stock appears less credible. This my friends, does hurt in the long run...

Fred