Another phone call w. Craig Hall: what can he say? He has to stay positive. Not much new.
1. Still talking to IBM
2. PP is suspended (or "sinking stock meets PP in the basement at 0.10")
3. Other talks still ongoing (cannot say more)
4. Reiterated rumour about Herzog walking down the stock
5. 1,000,000 still available from TBF when all bechmarks are fullfilled. The one missing is the completion or substantial progress with platform in June 2001
6. New investment is on hold
7. They are still recounting the hanging chads and submitting the pregnant chads for DNA sampling to DNAP - a multidollar business contract with George and Jeb (just kidding)
Stock stinks. All the supposedly good news - , listing, SF conference, presentation of software, new alliance with Florida physicians - helped to send the stock down 60 %!!!??? OK, They might have been a few margin calls and some people sold. But this selling pressure is more than simply a sagging market and the repeated mantra of the bad bad Market Maker Dark Vedar Herzog doesn't help. Simply: the public doesn't want that stock and I don't want to see any more posts on RB whitewashing this sorry development as another "great buying opportunity".
The really bad consequence of this sinking: the important investments in new machine, new project and hiring of new mathematicians is postponed indefinetly.
On the positive side: Company still looks good. Long term chances are good. Tony is not in jail. The DNA is still rotating in the Cuisinart. Strong Thurmond is still married and fullfilling his marital duty and tomorrow, we hope, will be a day in America without a school-shooting.
Still Long (but not strong)
dejavu
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