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To: Mike M who wrote (511)6/3/1999 8:25:00 PM
From: Shtirlitz  Read Replies (2) | Respond to of 2514
 
<<That is the way brokerages work >>

A little explanation on how brokerages work. They buy stock, than they start promoting it, thereby inflating the price. After that they recommend it to all their clients with a rating upgrade. Clients start buying... brokers selling.
Please don't tell me that this is a new concept for you.



To: Mike M who wrote (511)6/3/1999 10:44:00 PM
From: Tom Hua  Read Replies (1) | Respond to of 2514
 
But go ahead and repeat, and or spread silly rumors. Sounds good.

Oh come on Mike, that won't cut it. A question was raised and I am entitled to answer with reasonable and probable explanations. Simple as that.

Regards,

Tom



To: Mike M who wrote (511)6/4/1999 10:44:00 AM
From: Tom Hua  Read Replies (2) | Respond to of 2514
 
I don't know....maybe they think the stock will get there...and, just maybe, they can make a bunch of money for their clients.

Mike, now we know with certainty per the WSJ article today. It's a self-fulfilling pump job. Weinstein did it for his personal gains, it appears. My guess is he unloaded his shares for up to 200% profits.

Regards,

Tom