To: DOC HOLLIDAY who wrote (403 ) 5/11/1999 9:58:00 AM From: PK Read Replies (2) | Respond to of 7056
Posted by WIZZARD on May 11, 1999 at 08:09:42: Jaw-dropping news at last, and the type of news least expected after HITTs just recieved a $10M financing. I assume that everyone is happy, except for a small group of shorters, a situation I will address in a bit. $100M- thats 100 million dollars! Not a small sum at all. I have to hand it to management, they are on a mission. Frankly, I was expecting a PR on a fundimental development for the web sit. What a surprise when I got a call in the morning from a broker. He said "there is news on the wires on HITTs". I said "what is it". He read to me the first sentence. My jaw promptly crashed onto my desk. I have reason to believe that this fuel dragster (HITTS) has just left the starting line. One can only imagine what services one can develope for a website with $110M. Let me state something from the PR from Steve Bradford. " This commitment will add to the financial strength of the company, and will help us bring to market---NEW TECHNOLOGIES CURRENTLY UNDER DEVELOPMENT---". My gosh-- I wonder what that could mean? New technologies? Do you remember Solvere? Didn't they do some work for some large NASDAQ companies? Or maybe- another aqusition, a joint venture, or a merger. I know one thing as a fact; $110M can generate megatons of very positive news on any day. I also have reason to believe that several national daily and weekly news papers and financial magizines will be having very positive articles out on HITTs soon. I am looking for more very positive developments from the company again any day. The please me meter reads 100%, or should I say $110%. I see that there is some negative posters on RB, or obviosly, a small group short the stock. I did some DD on the situation with Dorian Reed several weeks back. It amounts to about a hill of beans with no beans. One or two shorters on those message boards can make a lot of noise. I know the game well and can say that over the past several weeks that we have played these gentleman like a fine $50,000 fiddle. I can can only say that I am pleased to hear them squeeling like stuck pigs as the hot red blood squirts twenty feet in the air. Tone it down-you are so obvious- you are ruining our fun. As I told a money manager friend of mine yesterday, what would we do without naysayer and short players. They sure make things exciting at just the right time. God loves you people. We do to...and Happy Investing...WIZZARD