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Guess who is now bashing and shorting AMZN:
AMZN <----------------Short and the death watch continues !!!!!!!!!!!
My feet are cozy inside of Bozo's Jowels...kinda warm and really quite loose these days.
I know you all dont like me here,, but thats ok..I dont mind
AMZN is headed to single digits , Ther will be a wake for it, We just finished burying ETYS, MPPP is scheduled next,,then AMZN there are several smaller less ceremonial funerals on the way..BUT AMZN will be a doozy...
Im getting the head stuffed for my wall....I'll scan a picture up and display it soon
Its over ..someone get the lights please. Anthony@Pacific who wrote (64863)
From: Anthony@Pacific Wednesday, Dec 20, 2000 1:18 PM ET
Reply # of 64982
AMZN<---------concedes it sucks at everything etail related !!!!!!!!!!!!!!!!!
708040 BN 10:14 Amazon.com Opens Outlet Store to Reduce Inventory From Web Site
To: Glenn D. Rudolph who wrote (113052)
From: Anthony@Pacific Wednesday, Dec 20, 2000 12:14 AM ET
Reply # of 113251
Misc excerpts from Bridge and PR's
March 30, 2000 PR
Net revenue increased 62.0% from $635 thousand for the year ended December 31, 1998 to $1.0 million for the year ended December 31, 1999
May 24, 2000 PR
Net revenue increased 39.9% from $301 thousand for the quarter ended March 31, 1999 to $421 thousand for the quarter ended March 31, 2000
Sept 26 2000 PR
Preliminary estimates of 3rd Quarter sales over $3,000,000.00 -- an increase of nearly 1400% over Q3 1999 ($214,444.00
October 5 2000 PR
The Company has begun setting up some 2,000 Radio Shack Franchised Retailers as SecureView dealers
Taiwan government has indicated a desire to purchase SecureView systems. They were ``very impressed'' by a demonstration during a recent visit to the senior military staff in Taiwan
10/11 Bridge
RE: AMEX: I've had nothing but positive feedback during the entire process.
Oct 17, 2000 PR
Sales on its SecureView products are averaging better than $100,000 per day. `
JCPenney Co. (NYSE: JCP - news) has issued SeaView a vendor number.
10/20 Bridge
Let me be very specific. Everything we announced is in the pipeline, or has been retracted.
October 30 2000 PR
Weekly order totals topping 1 million dollars, with two days each exceeding $250,000 for the company's SecureView ``camera in a light bulb.''
``We've been setting up independent Radio Shack, Ace Hardware, and Trustworthy Hardware stores,''
We are working with JCPenney Co. Inc. (NYSE: JCP - news) to get our marine products up on their website as soon as possible. You can expect to see SecureView in JCPenney catalogs next year.''
The company has already sold SecureView systems to JCPenney Loss Prevention and Outlet Stores. `
K-Mart had previously expressed an interest in the SeaView Super-Mini underwater camera.
The European installations for the 7th ARCOM Division also are slated for next year.
The company expects to post record sales for the current year, in excess of 2000% over the previous year ending 12/31/99. ``We should exceed our $160-million projection in 2001,"
Nov 1 2000 PR
`We picked up True Value Hardware stores
Tuesday set a new one-day record at $530,000.
Nov 2 2000 PR
``We have been working on a major contract with Taiwan.
SeaView will be receiving an $80-million minimum order to provide cameras
Nov 10 2000
3rd Quarter sales will exceed $4 Million. `
`We're seeing huge order volume from retail stores``In the next two weeks, George Bernardich and I are scheduled into Sears, K-Mart, The Limited, and TJMaxx for loss-prevention presentations.''
Talks are underway with K-Mart, Bass Pro Shops, and the JCPenney Co. Inc., through website and catalog.
RE: Taiwan: While I have received nothing in writing as of today, I have been verbally advised of some complications.
I am totally confident that this order, specifically our part, will come to fruition and we are fully prepared to move forward.
Nov 28 2000
SeaView 4th Quarter Orders Top $6 Million
next year we intend to surpass our goal of $160 Million.''
The $80-Million-plus deal for SecureView Multi-Camera Systems in Taiwan is back on track, according to Larry Hoffman
Dec 4, 2000
A major meeting is scheduled this week with key principals regarding the Taiwan sale, and a potential Central American order for AC SecureView.
DEc 7, 2000
today announced plans to begin marketing a version of its IRFS technology
Conversation with Lou Meade at amex. (can be found on amex.com - business development reps)
5 minute conversation. Basic points were:
About how long is the application process taking?
Length of application process is quite variable, depends on how quickly the company responds, how many questions are on amex's "comment letter".
Once amex grants approval, is it generally the case that a PR is put out immediately or can the company decide to delay an announcement?
Once approval is granted, it is up to the company to decide when to actually go over. Some companies want to list quickly, others want to wait and time the announcement.. . it's up to the company"
Can you tell me if a particular company has applied?
("No, that is confidential . . you can call the company itself however")
Is there any way for a private individual to get a sense of how far along an application is?
"no".
Looks like there are more supporting doc up today on sevu website (I think).
Random call #3:
To Buckeye Diving Outfitters (Bull, I'm just calling the dealers that are listed on the sevu website under "dealers")
Do you carry the Seaview underwater ("yes, we do")
Are you familiar with the camera ("Yes, it sold well this summer at our boat show - everyone seemed pretty happy except that it took longer than expected to get them in - I think the company got slammed with a lot of orders and people had to wait")
You sell other camers - what is your favorite?. (lengthy discussion of one other unit but concluded that the Seaview was his favorite . . "A nice little unit"
Two random calls to Cleveland Dealers:
L and D Bait and Tackle:
Do you carry Seaview's underwater? ("Yes")
Is it a camera you would recommend ("definitely")
Conley Fishing Team:
Do you carry the Seaview underwater camera ("yes, got one right here")
Is it one you would recommend? ("yes, I would")
PS CAMFAN: nice post.
That would be certainly ease investor anxiety but consider this possibility
1) Rich knows that the report is false, so he is not concerned with any type of investigation.
2) The report is not going to be picked up by any reputable news organization so it is not going to affect customer relations, sales, marketing
3) The price of SEVU's stock, while a major concern for investors, is not a predominant issue with Rich as he is not using the stock to fund operations.
4) Rich loves product development, marketing. This is an investor relations issue. In light of point 1-3, he is aware of investor concerns, but does not want to become preoccupied with answering A@P's every allegation to where it will take time away from growing the company.
I don't know if the above is true or not, but my point is that Rich's perspective and priorities as CEO are different than ours as investors and I am willing to be patient. Remember when the Miluky issue hit, there was all type of talk about a SEC investigation, etc. Now it is basically a dead issue.
A few things I think we should keep in mind.
1) The A@P report was not like an indictment, or a SEC investigation, or a prime time piece. It was a report compiled by a professional shorter. As such, we know that everything in the report was heavily edited to evoke fear in investors. A&P is not some idiot posting "it's tanking" on boards, he is a highly skilled individual - but he is not an investigative reporter and our reaction should be in light of that.
2) As investors, our concern is that all uncertainty be cleared up immediately. Rich has a different perspective, as his primary responsibility is to grow the company. As an insider, he knows the truth and so he may not be as concerned as investors. I'm with Bull on this one. I think that Rich will release information as it is appropriate to do so without compromising ongoing deals, etc.
Think also that there are different levels of concern
1 - SEVU's PR's have been imprecise and somewhat forward looking but without any intention to mislead - business is nonetheless booming.
2 - SEVU's PR's have been outright lies (per A@P)
3 - SEVU sales are insignificant and almost non existent and
the whole operation is a fraud (per A@P) patents, new products that can be viewed, a place of business here in this country that can be visited, filings, employees - all an elaborate scheme)
4 - SEVU has mob ties (post from A&P on SI)
I think most of us are at level one of concern.
Think also that we all need to keep in mind what the A@P deal is. He is very good at what he does but he's not a governmental watchdog agency. They are professional shorters, and very skilled at finding holes and generating fear among investors. It works, especially in a down market where fear predominates. Fear is a stronger motive than greed. It's a formula. It worked. He's bragging about shorting AMZN too.
Do I want further clarification, yes. Do I want AMEX yes. Do I want Rich to do what is best for the company - yes. Is it possible that he is doing what is best for the company despite investor impatience - yes. Do I trust him - yes - until or unless I see something that proves otherwise, which for me would be at a minimum a level two issue.
Prox.
I didn't have any trouble getting to seaview.com
Of course this bothers, me, but my gut instinct is that McBride is not a fraud, that's all, and I see it as an either/or situation.
We will wait and see. I can appreciate Rich's point, that it is difficult to prove an allegation wrong, especially without compromising other parties if negotiations are ongoing. I can also appreciate that others do not want to get drawn into this. Any confirmations he gives, everybody will be calling to verify. I also consider, that anything he releases will be combed over carefully for anything to exploit. I don't think it is so simple as just releasing refuting information within a few hours.
I take him at his word at this point, that more information will be coming out. If you read his posts, he seems shocked that this could happen. I don't think he is a street savvy person, perhaps naive to some extent, perhaps overly enthusiastic and imprecise. Many brilliant people are that way. That's more how I see him.
PS, I'm not familiar with Bull but he seems like a person of honorable intentions- I am familair with FG, and don't consider him a hypster at all. THE GSA name is quite a coincidence, you will have to admit.
Would be quite a coincidence - McBride indicated in his BridgeView yesterday "We are not listed through Seaview"
"I have also been reassured that it will not have an effect on our potential move to the American Stock Exchange".
For myself, the temptation is to buy when a stock is rising, because it is rising, and to sell when it is falling, because it is falling. Likewise, it is easy to fall into the trap of believing hype when a stock is rising, and believe short bashing when it is falling. For myself, I try and focus on several issues. Do I trust McBride, do I have a gut feeling of trust based on what I have read including the filings? Do I believe that sales have increased as the PR's state? Do I believe that SEVU will make it to AMEX? It's my gamble, is a choice. My gamble is that SEVU will survive and prosper. I haven't sold any shares and have been slowly accumulating at these levels.
Post re: Logis-Tech: "they refuted (A@P)"
By: MagicMatty $$$$
Reply To: 15442 by onewhoknows $$$$ Monday, 18 Dec 2000 at 4:34 PM EST
Post # of 15700
onewhoknows....
I did that. I called logistech and they refuted everything in the report. Call them for yourself at 703-921-1038. Someone posted they were directing calls to Seaview though. I posted that number earlier and they probably got p##ssed at people calling them. I know for myself the reports bull and thats all that really matters for my peace of mind.
Magic
Link to letter confirming Kevin Darling contact:
http://www.insidetruth.com/companies/sevu/letter-000405.jpg
If you combine that with the following
By: MagicMatty $$$$
Reply To: 29587 by minadog $$$$ Sunday, 17 Dec 2000 at 10:37 PM EST
Post # of 29625
Email from AMEX RE SEVU....this is a straight copy but I took my name out. I don't know if it sheds much more light but it was nice to see they have applied and its being processe. I will average down carefully if it continues to fall.
You can go to the AMEX Website and they have a contact us page where you can email them. Here is what I sent with their reply....
//To whom it may concern,
/I am trying to obtain information on the status of SEVUs(Seaview Underwater Research) application to trade on your exhange. Any information you can give me would be greatly appreciated.
To:md2100@hotmail.com
RE:SEVU
from::::AKasper@amex.net
We are allowed to inform you that we have received an application from Seaview to trade on the AMEX and that the application is in the later stages of being processed.
Alex Kasper/////
Travis's E mail seems at least consistent with 11/2000 PR.
"Secureview briefing went extremely well . . received over 43 pages of questions from the various senior military leaders . . (re) range and durability . . return trip planned"
I agree that engaging in name calling a personal attacks fills up the board with negativity and drives away potential new investors. I also agree with FG that longs need to maintain a presence on boards, but my sense too is that posting facts and information is a more effective strategy
Link to E-mail from Frank Travis Logis-Tech to SEVU:
http://www.insidetruth.com/companies/sevu/letter-000815.jpg
Think about the process of investigative journalism, which is the format and presentation of the A@P piece.
You gather facts, apparent problems and discrepancies, and you go to the CEO and give him or her a chance to reply and clarify. You then check further to determine the meaning and seriousness of any discrepancies.
None of this is done here. The article is a masterpiece of selected and edited information presented to engender fear in longs. The bear market timing is perfect. But, hey, this is life on the BB's.
The question I ask myself -
Is SEVU basically a fraud, or is Rich, at times, too quick and overly enthusiastic in his PR's?
Is A@P something equivalent to Prime Time or 60 minutes or is A&P a brilliant and master manipulator?
At this point there are some unanswered questions, but I don't see Rich filing to sell any shares. I accumulated more today at 3 and will play this one out. When all the cards are on the table, we will see who wins.
AMEX tidbit:
By: MagicMatty $$$$
Reply To: 29587 by minadog $$$$ Sunday, 17 Dec 2000 at 10:37 PM EST
Post # of 29591
Email from AMEX RE SEVU....this is a straight copy but I took my name out. I don't know if it sheds much more light but it was nice to see they have applied and its being processe. I will average down carefully if it continues to fall.
You can go to the AMEX Website and they have a contact us page where you can email them. Here is what I sent with their reply....
//To whom it may concern,
/I am trying to obtain information on the status of SEVUs(Seaview Underwater Research) application to trade on your exhange. Any information you can give me would be greatly appreciated.
To:md2100@hotmail.com
RE:SEVU
from::::AKasper@amex.net
We are allowed to inform you that we have received an application from Seaview to trade on the AMEX and that the application is in the later stages of being processed.
Alex Kasper/////
None of us would be on this board if we didn't think SEVU is a potential home run -- But, looking back, in terms of expectations, SEVU was selling for 60 cents just over a year ago.
If you look at their December 99 10Q we have this statement:
"The Company's net revenue for the second quarter and the first six months of fiscal 1999 increased 187.0% and 423.7% to $365 thousand and $666 thousand, respectively, from $127 thousand for the period from April 2, 1998 to June 30, 1998. These increases from the previous fiscal year were primarily due to increased sales".
Now we are talking going into 2001 with 9 million in back orders and a stock price 700+% above what is was in November 99.
My simplistic point is that despite the problems, the overly optimistic statements at times, the shorting, the inevitable selling of some restricted shares, the overall major decline in markets and general switching from a greed to a fear mentality, look at where we have come in just one year.
Plus, Bush is talking about his tax cut program. It does appear that relief is on the way.
I think everyone needs to keep in mind that it may not have been realistic to think that SEVU would not succumb to the overall drop in the tech sector. There are many many tech stocks out there that have dropped 75 to 90%.
On top of this, you have the whole anthony@pacific saga (although if you go to his website, he warns "SHORT SELLING is RISKY and potential losses are theoretically unlimited"). Hopefully SEVU will teach Anthony and his minions the reality of that statement.
I find myself going back to sevu.com and reading the PR's, the Views, the product descriptions, the sales growth figures. You add to that the AMEX - hopefully sooner than later.
Here's to establishing a base and upward movement next week.
Thoughts on AMEX
After Jan 1:
McBride has mentioned "timing" several times as a factor. I don't think that right now, with the presidential uncertainty, would be a good in terms of timing. One could make an argument for a post-inauguration announcement in terms of timing.
Before Jan 1:
I recall McBride writing that AMEX would be by the end of the year. It is hard to be certain, but his statement that Dec will be a good month for SEVU is possibly a signal.
My sense is that the right timing would be during a strong general rebound following a final clarification of who will be our next president. Hard to say when that will be, probably before the end of the year.
So, I vote for AMEX by the end of the year. I expect McBride to address the issue again soon.
Prox.
Francois: could you review for the board your opinion about expected 10Q and relationship of that to AMEX listing. Prox.
Francois: done - just about every post qualifies as some TOS violation.
Francois: you should post your SI pick(s)-of-week on FGEMS.
Miluky posts (April 29) "I went to the stockholders meeting and saw it in action" I would think someone has met this person, perhaps FG.
He also writes in May "All this said, the company might fail and I end up with a write off" hardly the kind of thing a CEO would be writing about his company.
Doesn't make sense, expect the rumor to be quashed soon. Will be looking to pick up more shares next week.
MiluckyMcbride: Member since November 10, 2000. Doesn't that pretty much say it all. Oh, and of course, he posts Friday PM so the matter can't be resolved until Monday. I think we just have to accept that the shorts are out in force with the usual rumor and distortion.
Francois: Why has shorting occurred in the last several weeks? I'm not disputing it, just wondering why SEVU would have become a target and how you see the rest of the year unfolding as AMEX nears?
My take is simply, I don't like the word "complications" but this is a company that's growing so fast and moving in so many directions, there are bound to be some complications along the way. It's not going to affect the outcome. I've gotten pretty good at ignoring the fluctuations. I have never sold any SEVU, only accumulated more on dips. I am simply not going to sell any shares until we are on AMEX and the company has become better known. Anyone who does not recognize that general market conditions are affecting all stocks is not well informed. As to shorts, it's a fact of life on OTC and when short coverage occurs, everyone will be happy again. Prox.
Stocks Entering Prime Time
Tuesday October 31, 2000 (4:48 pm ET)
By Paul Cherney, S&P Market Analyst
NEW YORK, Oct. 31 (Standard & Poor's) - Historically, November, December and January (taken as a group of three consecutive months) represent the best performing three months of the year for equities. We have now entered that period.
I think the tests and the retests of the NASDAQ lows are finally over but advances will be full of starts and stops (because there are so many layers of resistance above the current prices).
Downside risk appears limited, but retracements are a natural part of any attempt to advance.
Immediate NASDAQ resistance is 3400-3535 with a focus 3467-3498. Immediate NASDAQ support is 3333-3279.
The S&P 500 has entered an area which will probably see a stall in the advance (temporarily): 1416-1444. There is overlapping resistance 1431-1462 which makes the 1431-1444 area a focus of resistance. Immediate S&P 500 support is 1415-1379 with a focus 1407-1391.
The Bottom Is Near
By Paul Cherney, S&P Market Analyst
NEW YORK, Oct. 18 (Standard & Poor's) - The excessive volume, extremely high put-call ratios, excessive levels in the VIX (a double top at 36.74 exactly) suggest that if today wasn't the bottom then it is within only a few trade days.
In a market which is in a well-defined uptrend (which these markets are not), an excessive P/C ratio can coincide with the bottom, to the exact day of the bottom, but once the markets have gone into a prolonged decline it can take an excessive P/C ratio and several trade days of nervous, frenetic flip-flopping market action before a more sustained uptrend can unfold. Downside risk appears limited.
Immediate NASDAQ resistance is 3212-3258 but the real break-point higher which should bring in the sideline observers would be a move above the 3348.61 level which is accompanied by an expansion in volume. Immediate NASDAQ support is 3121-3026 with a focus of support 3121-3093.
K4S - an update would be appreciated. Prox.
Interesting speculation on FRTI stock talk board today.
Something is cooking, have a look at the volumn over 40,000 shares traded today at 1:00 and we are up on buying. I expect a big jump in revenue on the quarterly report and a new web site. Hang on to what you got the ride may be fun fun fun
poster name : Wise
FRTI is a great play. Company's is slowly striking agreements with advertisers and merging/acquiring companies to broaden the range of services offered. I wouldn't be suprised to see other financial institutions to try to acquire FRTI due to various reasons, such as, large base of customers, great service, etc.
Poster name: Dkarnis
Any thoughts Francois?
Interesting speculation on the FRTI stock talk.
Something is cooking, have a look at the volumn over 40,000 shares traded today at 1:00 and we are up on buying. I expect a big jump in revenue on the quarterly report and a new web site. Hang on to what you got the ride may be fun fun fun
poster name : Wise
FRTI is a great play. Company's is slowly striking agreements with advertisers and merging/acquiring companies to broaden the range of services offered. I wouldn't be suprised to see other financial institutions to try to acquire FRTI due to various reasons, such as, large base of customers, great service, etc.
Poster name: Dkarnis
Any thoughts Francois?
13:43 09/20/2000 SEVU** (old name) SeaView Underwater Research Inc SEVU (new name) SeaView Video Technology Inc
http://www.otcbb.com/dailylist/history/bbdl_09192000.stm
My step son was telling me that he gets some of his ideas for new stocks from popular mechanics. Generally, seems to me that new types of high tech cameras are very much in vogue right now.