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Microcap & Penny Stocks : LifeOne, Inc. (LONE) -- Ignore unavailable to you. Want to Upgrade?

To: GlenRP who wrote (720)	5/22/1999 12:24:00 PM
From: Puck	Read Replies (2) \| Respond to of 1834

Think about the possibilities of breaching the 5% thresh hold: in addition to making an immortal EDGAR filing, you could issue your own PR NEWSWIRE press release. Let's imagine: GlenRP today announced that he had recently acquired in excess of 5% of the class "A" common stock of the financial services company LifeOne Inc.. Said the reclusive Mr. P, from his isolated compound in the Cayman Islands as he sipped a margarita from a terrace overlooking a miles long stretch of undeveloped white sand beach set against the deep azure of the Atlantic, I have the utmost confidence in the integrity and capability of LifeOne's management and its business prospects. Now if you'll excuse me, my personal guide is waiting to take me out marlin fishing. Remember, Conseco wasn't built in a day." I invite you to imagine what your press release might be in such a situation. Now, seriously though, it occurs to me that the collective share ownership of us SI subscribers must be well over five percent. We could issue our own press release. Consider my experiences as an owner of CLCI between 1996 and last summer. (CLCI interested me because it was the most viable way I could find to invest in the development of the S. California water market. Eventually though I lost confidence in management and the co's business prospects and sold at substantial gain.) I purchased CLCI at three and a half. About a month or two later, a press release appeared announcing that a group of investors headed by Morgan Stanley, Fidelity Management Resources, etc. had recently acquired 8% if the Co's common stock for investment purposes, and the price jumped to about 6 1/2 within days. About a month later, another press release appeared announcing that a group of investors headed by Morgan Stanley, Fidelity Management Resources, etc. had recently sold their 8% stake in the co. The price dropped to about four within days. About a month later, yet another press release appeared announcing the an investment group headed by Morgan Stanley, Fidelity Management Resources, etc. had recently acquired 8% of the co's common stock for investment purposes. The stock price jumped to about 6 1/2 within days. Eventually they must have lost interest and gone on to another stock, but not before effectively hyping the stock by announcing their commitment to it, dumping it at a profit, probably shorting it on the way down, and repeating the cycle several times. I do not mean to suggest that we emulate their manipulative ploy with LONE, but collectively we must own more than 5% of LONE's common stock (800,000 share as reported by the company) and I don't see why we couldn't have our own press releases stating our support for the company. I don't think that any individual member of the CLCI group owned enough stock to have to report on their own and don't think that the group had to file either, even though collectively they owned as much as 8%, because they presented themselves, and must have been, as being just a confederacy, not a unified whole legally. Our press release could begin, "Today an investment group led by GlenRP, Paper Man, Stockster, etc. announced that it had upped its stake to X% of the common stock in LifeOne." We could have a quote from Glen and maybe another quote from Brent etc. I like the idea. I've read that a subscription to PR Newswire costs only $100 annually. What do you think, Glen. I'd be happy to chip in toward the cost of a PR Newswire subscription, if I'm right about the costs.