SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Business Wire Falls for April Fools Prank, Sues FBNers -- Ignore unavailable to you. Want to Upgrade?


To: TideGlider who wrote (1107)5/1/1999 1:59:00 PM
From: Edwarda  Read Replies (1) | Respond to of 3795
 
They are on my radar as well. If you haven't met Chuzzlewit when his calculator is humming, you owe it to yourself.



To: TideGlider who wrote (1107)5/1/1999 2:19:00 PM
From: Janice Shell  Read Replies (1) | Respond to of 3795
 
My favorite number-cruncher's Wireless Wonk. jhild's also very good.



To: TideGlider who wrote (1107)5/1/1999 5:02:00 PM
From: Zeev Hed  Read Replies (4) | Respond to of 3795
 
TideGlider, the only problem with number crunching a 10Q or even better an S-3, is that it takes time, too much when you consider the type of companies people ask me to look at. And what do you get for it? When you bring your conclusions to the attention of the respective thread, they throw rotten eggs at you. I have yet to come down hard on one of these flim flam with anyone coming back and arguing the financials, but invariably everyone is arguing "the dreams".

Fir the time being, I had my days as a Don Quixote.

By the way, TD, the last one I looked at TSIG, is a master piece, the thread wants you to believe that the CEO owns only 14 MM shares, of which he granted himself (free) 5 MM and another 6.6 for his loan, well, if you go through the financials, you see that the same Gordon also had another 35 MM to 52 MM shares before these events (that document is cloudy on an issue of 17 MM shares, it is mentioned twice, once as debt conversion and once as option exercise, I would bet both are there). To me it is very simple he sold about 50 MM shares into the float, lost the company some $30 MM and then loaned the company some of the money he got from selling his shares, and bought back the shares at fire sales values. What is surprising is that no form 4 was filed, but S-8 were filed for all. Is it possible that the S-8 can replace the form 4?

Of course, the chairman is the good guy, coming to the "rescue" of the company every time it gets it to the brink of bankruptcy.

Zeev