|To: afrayem onigwecher who started this subject||8/4/2004 10:16:42 PM|
|re:GAYLE ESSARY->Streamedia In Turmoil: President/CEO and CFO Resign |
Chairman appoints board member Henry Siegel as interim president and CEO amidst top executive and board resignations.
By José Alvear
October 24, 2000
Streamedia (www.streamedia.net) is going through some hard times. Not only has its stock price gone down dramatically since its IPO in early January, but it also lost some top management on Tuesday.
Streamedia announced that James Rupp, president and CEO, and Nick Malino, COO and CFO, both resigned. Rupp will remain as a consultant to the company for at least a year, said a company spokesperson, and will remain a board member. Malino will also stay on an interim basis to help sort out third quarter earnings, which will be released soon. He will relinquish his position on the board, however.
For many investors on the Internet message boards, this is a good day. Online critics have been calling for the resignations of Rupp and Malino for a long time, because of the company's dismal revenues. Second quarter earnings saw revenues total just $131,000. In trading today, Streamedia's stock went up over 30%.
Gayle Essary, chairman of the company, said that new management is being brought on, but the direction of the company will remain unchanged. In a statement released today, the company said that it will "pursue an aggressive policy of advantaging a number of current business opportunities".
According to a company spokesperson, the company is coming around business-wise and wanted to make sure it has experienced executive management as it turns to the future. Part of that new focus will be on finding business models that generate more revenue. "We're ready to embark on a new direction," said the spokesperson.
Board member, Henry Siegel, was named president and interim CEO while the board searches for "professional management". Siegel was recently president and CEO of Kaleidoscope Media Group and comes from a TV broadcasting background.
Aside from executive management troubles, Streamedia has also seen the resignation of two board members, James Schroeder and David Simonetti. New board members were announced today, filling those empty seats.
Schroeder's resignation occurred about two weeks ago. According to SEC documents, Schroeder left due to a disagreement with Chairman Essary. "Given the recent events at Streamedia and the vast disagreement and disarray of the principal shareholders, I feel that I no longer represent the views and interests of those shareholders," he wrote in his resignation letter. "I serve at their discretion and I, in good conscience do not agree with the proposed direction of this company as set forth by the Chairman."
Schroeder, speaking from his current position as vice president-tax at the Thomson Corporation, wouldn't give any insight into his resignation. "The board was not going in a direction I could support. I'll just leave it at that," he said glumly, indicating his letter published in the SEC filing.
Speculation on the message boards is that Streamedia is losing money at an accelerated pace and may soon run out of cash. Nevertheless, Siegel said that the company expects to report "record revenues for the 3Q and 4Q" and remains on a "path to profitability".
According to SEC filings, Streamedia will be making a new stock offering soon valued at $1 to $3 million. In a filing from September 27th, the company said that the proceeds from the Private Placement Proposal securities offering are critical to the "continued success and operations of the Company."
There will be a special shareholders meeting on October 27th, which might shed more light on today's events and the upcoming offering.
Although touting itself as a streaming media company, former CEO, Rupp, admitted during a recent interview, that streaming plays a small overall role at the company. It focuses mostly on web design and consulting services. Streamedia is perhaps best known as the owner of content site Bijou Cafe (www.bijoucafe.com), which it acquired early this year.
Perhaps some insight into the future direction of the company was revealed when Essary said he signed a letter of intent to acquire an undisclosed equity interest in Nomad Media (www.nomad.ch), a streaming media company based in Switzerland. Essary is also president and co-founder of the Streaming Media Alliance, an organization that is looking to promote streaming worldwide.
"You never know what the future might bring," said the spokesperson, "but there's reason to be optimistic."
|RecommendKeepReplyMark as Last Read|
|To: afrayem onigwecher who started this subject||8/4/2004 10:19:42 PM|
|GAYLE ESSARY "The Waaco Kid"->THE NEW GRAPEVINE IS ONLINE|
Amateur Internet gurus are moving stocks in a big way
Something intriguing happened to the stock of Guardian Insurance Financial Services back in January. In the universe of news sources available to investment professionals, such as Dow Jones News/Retrieval Service and Bloomberg Business News, nothing significant was brewing. Yet, for no apparent reason, Guardian stock began to climb--2 1/8 on Jan. 10, 2 3/4 on Jan. 16, then 3 and 4 1/2 and up to 6 on Jan. 24.
What happened? A press release issued by the company at month's end said the rise was ``partly attributable to a favorable review by an electronic newsletter.'' But to followers of a band of stock traders on the Internet, there was no ``partly'' about it. A widely followed online investment tip sheet--the Waaco Kid Hot Stocks Forum--had picked Guardian. And when the Waaco Kid speaks, investors listen--and buy. ``Sometimes the moves are just dramatic,'' says Richard Geist, editor of the Strategic Investing newsletter and an occasional Forum source.
GROWING POWER. Welcome to the new world of Internet stocks. No, these are not the darlings of Wall Street--the stocks in Internet services and software companies. The new breed of Net stocks are companies that are influenced, favorably and not, by messages and E-mail on the Internet and the online services--notably America Online Inc., which is host to the widely followed Motley Fool investment feature. The ranks of the new Internet stock mavens range from online newsletters to a small but growing number of Internet Web sites and mailing lists--such as the Waaco Kid--that distribute their stock tips to thousands of investors around the country.
The growing stock-moving power of the online world is a comparatively new phenomenon. Its impact, which first emerged last year, has become ever more apparent in the past few months--and presents both opportunities and dangers for investors. The dangers include misinformation and ``pump and dump'' schemes, in which stocks are hyped by traders who then sell at the inflated share prices. But above all, the impact of the Internet stock gurus epitomizes the power of the Net as a growing force in the stock market. The Internet is hardly as potent a market force as are analyst reports and the financial press--but it's getting there, and fast.
Internet-driven shares are top-heavy with penny stocks such as Guardian but lately have included larger, often high-tech issues such as computer peripherals maker Iomega Corp., whose intense following on America Online message boards has prompted concern from the company. Net watchers believe that the recent surge in Zenith Electronics Corp., the TV maker turned Internet company, was fueled in part by postings on the Internet and America Online. Another dramatic example of online stock-moving clout involves Zytec Corp., a computer equipment maker whose shares fell 20% on May 7 after it was dropped from a model portfolio posted on America Online by Motley Fool. ``Did I cause Zytec to drop seven points? I suppose so,'' says Greg Markus, who runs the Fool's ``Boring Portfolio.'' But Markus emphasizes that his portfolio is purely an educational tool, in keeping with his occupation--he teaches political science at the University of Michigan.
Many of the new Internet investment savants are, like Markus, strictly amateur investors. The Waaco Kid is a good example. Its founder is a confessed tyro at stock-picking who started the Waaco Kid pretty much as a lark. ``Just a year ago I was asking stupid questions on Prodigy,'' notes founder Gayle Essary, 55, a soft-spoken Texas native who runs a management consulting firm, New York Management Group.
In his varied career, Essary has been a trade magazine publisher and political consultant. He became interested in investing while perusing the Prodigy Money Talk message centers but became disenchanted with the often heated discussions he found there. So he quit Prodigy but continued to correspond with his online friends--a correspondence that became the nucleus of the Waaco Kid. The group began a year ago as an informal exchange of investment ideas, and eventually spun off a formal investment club separate from the forum.
The Waaco Kid works simply. Every member--or ``co-editor''--of the mailing list, which has charged a subscription fee for the past few months, has the right to distribute stock suggestions to all the other members of the list. A small nucleus of members, headed by Essary, makes ``picks,'' or formal recommendations. Initially the picks were secondhand, usually borrowed from the Dick Davis Digest, a prominent investment newsletter. Early in its life, Waaco Kid picked fairly sizable companies. The stocks often moved when Waaco Kid chose them--but that was probably due to the clout of the newsletter, not Waaco Kid members' own purchases or the members' efforts to talk up the stocks in Internet discussion groups.
The tide turned last September, however, when the Waaco Kid members picked a stock on their own--and quickly learned their clout in the marketplace. It was a small software maker and penny stock called Blue Chip Computerware Inc., based in Farmingdale, N.Y. When the company's stock was picked by the Kid on Sept. 12, the selection was promptly disseminated both in the group's own mailing list and in Internet newsgroups, such as ``misc.invest.stocks'' and ``alt.invest.penny-stocks.'' The impact was dramatic. In a matter of three days, the share price of the stock zoomed from 29/32 to a 52-week high of 1 17/32, only to fall back just as dramatically afterward. The volume was staggering--soaring from an average of only 25,000 shares a day beforehand to 2 million shares when the stock hit a high on Sept. 14. Other stocks--including Westerbeke, Quantum Learning Systems, and CD-MAX--also moved skyward when picked by the Kid.
When the Waaco Kid moves the market the rise is usually just temporary, leading some Internet skeptics to contend that the Waaco Kid is sometimes used as a ``pump and dump'' effort. Essary concedes that some Waaco Kid subscribers may indeed be engaged in that practice, but he says that he tries his best to discourage that--by, among other things, asking that Waaco picks not be disseminated in Internet news groups. Essary notes that he does not trade stocks himself, and that the Kid is but one of the Internet-related ventures that his company has in the works, such as noninvestment-oriented World Wide Web sites. The Kid itself has grown beyond the Internet, with forum picks now distributed by fax and, beginning just recently, made available to subscribers of Real Time Quotes Inc., a network of trading terminals.
Still, the heart of the Waaco Kid remains the Internet, for better or worse. Essary's own integrity seems untarnished--Geist, for one, says that he has found Essary to be scrupulously ethical in running the forum. But not all the Kid's subscribers may be that pure. One Waaco Kid investment club member, for example, said in a late-January posting on an investment newsgroup that after the club takes a position in a stock ``we publicize the stock on the boards [investment newsgroups] and the price goes up.''
``HACKER ORIENTATION.'' That indeed is what tends to happen--and it is not always pleasing to the companies. One Waaco Kid pick is the Arizona-based HealthTech International Inc.--a choice that grew out of a conference call that HealthTech President Tim Williams had with several online investors. As with other stocks, the Kid had a temporarily positive impact on HealthTech stock. But HealthTech consultant John Pigman, who serves as a liaison with the Internet community, says such short-term moves don't do companies much good. Unlike some other Internet investment forums, he says, the Waaco Kid ``has more of a hacker orientation. They're acutely aware of the power of the tool itself.''
Perhaps. But who can blame them? Wall Street pros have long reveled in their power to move the market. Now it's the little guy's turn.
By Gary Weiss in New York
|RecommendKeepReplyMark as Last ReadRead Replies (1)|
|To: afrayem onigwecher who started this subject||8/4/2004 10:27:51 PM|
|"Gayle Essary is one of the founders of Streamedia and has served as Chairman of|
the Board of Directors and Vice President-Strategic Development since its
inception. From September 1996 to the present, Mr. Essary has served as Chairman
of the Board of Directors of IRI, Inc. a publicly-held company in the investment
data and information industry. He has also served as IRI's Chief Executive
Officer from July 1997 to the present. From 1995 to 1997, Mr. Essary was founder
and publisher of StreetLevel, the Waaco Kid's Forum newsletters and other
electronic products which have since merged into Capital Markets Communications
Corporation. From 1988 to 1997, Mr. Essary was a Principal of New York
Management Group, which provided consulting and support services to various
firms and organizations, including The Thomson Corporation. From 1981 to 1988,
Mr. Essary was Managing Director of the Media Financial Group and The Media
Center, both companies engaged in consulting for media properties. From 1973 to
1980, Mr. Essary was President of ESCO Publishing Co., Inc., and Huthig-ESCO
Publishing, Inc., which published two international dental business magazines,
one of which led its field in distribution and advertising revenues. Mr. Essary
studied journalism at The University of Texas."
|RecommendKeepReplyMark as Last Read|
|To: afrayem onigwecher who started this subject||8/4/2004 10:41:00 PM|
|GAYLE ESSARY. STOP STOP TEARS->From: Abe Brenner (email@example.com)|
Subject: Re: Hot Stocks Forum & the Waaco Kid
View: Complete Thread (3 articles)
Newsgroups: misc.invest.canada, misc.invest, misc.invest.stock, alt.invest.penny-stocks
In article <firstname.lastname@example.org> email@example.com writes:
>Subject: Re: Hot Stocks Forum & the Waaco Kid
>Date: Sat, 04 Nov 1995 04:08:38 GMT
>firstname.lastname@example.org (Corey Borolien) wrote:
>>In todays mail from George Chelekis he mentions
>>a hot internet stock picker with a very large following.
>>He refered to him as "the Waaco Kid" and his newsletter(?)
>>as "Hot Stocks Forum". Who is he talking about, and where
>>do you find this guy?
The Waaco Kid has NOTHING to do with VTS anymore since the BCHP incident.
If you've noticed the VTS web page does not have a link to the Waaco Kid.
It was pulled at the Waaco Kids request.
Google Home - Advertising Programs - Business Solutions - About Google
|RecommendKeepReplyMark as Last Read|
|To: afrayem onigwecher who started this subject||8/4/2004 10:44:36 PM|
|From: Kevin Ross (email@example.com)|
Subject: Re: FLRO is HSF ***PICK; up on Mon. 11/6; opinions?
View: Complete Thread (2 articles)
Newsgroups: misc.invest.stocks, misc.invest.canada
Below is a release from "The Waaco Kid's" Hot Stocks Forum
Earnings are supposedly going to be released Thur. Nov 9
PRESS RELEASE FOR RELEASE UPON RECEIPT
Contact the Kid via e-mail at firstname.lastname@example.org November 6, 1995
COMPANY CONTACT: Larry Grossman, CEO - Ph. 708-564-5400.
Pegasus Westergaard; Emil Westergaard - 212-947-3853
M.H. Meyerson: Ron Heller - 201-332-7668
FLRO PRICE RISE MONDAY ON HIGH VOLUME AS
WAACO KID BUYS IN ANTICIPATION OF EARNINGS
Northbrook, IL - The shares of FluroScan Imaging Systems
(FLRO/OTC) are on the move again, up today to 9-1/8 on mid-day volume of
nearly 100,000 shares, following disclosure by the company to the Waaco
Kid’s Hot Stocks Forum that earnings are expected to be released Thursday.
Friday’s volume was 8,000.
A spokesperson for the Forum said price and volume are expected to
continue to rise this week in anticipation of record 9-month revenues of
million, which would exceed any previous 12-month period for the
company. A short-term target of 11 to 13 has been set by the electronic
internet collaborative. .
The company has also disclosed it is now manufacturing 50 Fluroscan
2 units, priced at $35,000, which is the first real-time X-ray system
available for a doctor’s office and 50 Fluroscan 3 units, priced at
which is an enhanced, computerized version of its original unit for
For the first time, with these units, doctors, orthopedists, emergency room
technicians, veterinarians, podiatrists and others can set bones while
viewing the progress in a real-time setting, and can even repair bone chips
in a less-invasive procedure not requiring surgery.
The Forum quoted John Westergaard of Pegasus First Call as saying
'this has the elements of being a very big idea: a state-of-the-art
technology that puts out 90% less radiation than conventional X-ray
systems and is materially cheaper to operate because it doesn’t reqauire a
radiologist', and who cited its partnership with Norian Corp. as
Westergaard says he anticipates 50% growth in sales this year and
the next two years, and said the strong balance sheet and proprietary
technollogy could result in $100-million in sales in a few years.
The Kid has a global internet following.
-- [c] Copyright, 1995, The Waaco Kid's Hot Stocks Forum. All rights
reserved. 24-Hour EMBARGO required for all content herein.
All replies should go to: email@example.com.
The Waaco Kid's Hot Stocks Forum (HSF) is a voluntary, private worldwide
editorial collaborative for savvy investors only who each serve as
Nominations submitted in HSF Format (below) are encouraged for each of the
*** PICK = "Story Stock" (tout, news, developments) with strong potential
immed or short-term target. Over 80% reach target price within time periods
*** ALERT = immedi or short term high volatility. NOT a selection. Stock
could move up or down or gap. Extreme Caution.
***PEOPLE'S STOCK = Our highest rating. A highly undervalued stock with
strong Story. CAUTION: May be volatile. Please watch closely.
***HOT PICK = Highest Externally-Generated Rating. Guest presentation by a
newsletter editor or publisher who believes stock has significant potential
for immediate or short-term gain. CAUTION: May be volatile.
***SPOTLIGHT = A stock with special characteristics which you may use to
bring to Forum's attention when using HSF Format below:
HSF Format = Please provide symbol, exchange, name, address, phone,
contact, sector, price, bid-ask, last vol., avg. spread, avg. vol., 3mo
hi-lo marks (chart), recent news, analyst opinions, published touts, tout
or analyst target & term, descr. of business, instit. holdings, 4wk, 3mo,
6mo,1yr price %s, insider buy-sells, share #, float #, plus your comments.
GLOSSARY: Immediate Term = 1 to 5 days / Short = 1 to 2 weeks (up to 4) /
Near = up to 3 ms / Intermediate = up to 6 ms / Long = over 6 ms.
The Waaco Kid's Hot Stock Forum and it's stocks have been featured by
Inside Wall Street, Wall Street Edge, Dick Davis Digest, Dow Jones Wire,
Reuters and other national media.
Views stated in The Waaco Kid's Hot Stock Forum are those of each writer
and editor only, and are not meant to be recommendations. Writers often
hold positions or other vested interests in stocks discussed and are asked
to disclose that in posts but may not always do so. Recipients are advised
to do their own due diligence before investing. HSF is for sophisticated
and savvy investors only who have the time and ability to keep a close
watch on highly volatile stocks. Please, NEVER place pre-market orders.
Thank you & Good Trading! --- Waaco.
|RecommendKeepReplyMark as Last Read|
|To: afrayem onigwecher who started this subject||8/4/2004 10:47:00 PM|
|"STRIKE UP THE BAND, BRING OUT THE FIREWORKS, THE 'WAACO KID' HAS A 4TH OF JULY WEEKEND SPECIAL" |
From: Bill DeMorrow (firstname.lastname@example.org)
Subject: Waaco Kids Last Roundup
This is the only article in this thread
View: Original Format
Date: Fri, 5 Jul 1996 20:55:22 GMT
WAACO'S LAST ROUND-UP:
STRIKE UP THE BAND, BRING OUT THE FIREWORKS, THE 'WAACO KID' HAS A 4TH OF
JULY WEEKEND SPECIAL
3 MONTHS FOR $10. TOTAL.
BONUS FOR THE REST OF JULY: THE DAILY HOTSTOCKS@STREETLEVEL [tm],
'SOMETHING INTRIGUING HAPPENED to the stock of Guardian Insurance Financial
Services back in January. In the universe of news sources available to
investment professionals, such as Dow Jones News/Retrieval Service and
Bloomberg Business News, nothing significant was brewing,' noted Business
Week in its feature financial story on May 27.
'Yet, for no apparent reason, Guardian stock began to climb --2 1/8 on Jan.
10, 2 3/4 on Jan. 16, then 3 and 4 1/2 and up to 6 on Jan. 24.
'What happened? A press release issued by the company at month's end said
the rise was 'partly attributable to a favorable review by an electronic
newsletter.' But to followers of a band of stock traders on the Internet,
there was no 'partly'' about it ... the Waaco Kid Hot Stocks Forum had
'And when the Waaco Kid speaks, investors listen--and buy.'
'The Waaco Kid works simply. Every member--or ``co-editor'' ... has the
right to distribute stock suggestions to all the other members of the list.
A small nucleus of members ... makes ``picks,'' or formal recommendations
'Wall Street pros have long reveled in their power to move the market. Now
it's the little guy's turn,' concluded the article.
Members of the Waaco Kid's Hot Stocks Forum have another unique edge.
Co-Editors have the right, until all slots are gone, to also join the Waaco
Kid's Hot Stocks Investment Club, whose participants have to agree their
intent is to 'lose all my money'. A pioneer on-line investment club, and
a member of both the NAIC and NCII, the 'Kid', as the Club is widely known
on the Street when it regularly announces where it is positioning, has
recently reorganized to become even more aggressive. The elected President
of the 'Club' is known throughout the internet by his trademark moniker
'Billy the Kid' (who else!?).
Members of the Forum, as it is called by co-editors, are also all invited
to participate in the 'picks' through two committees -- the 'Pick
Evaluation Team', and the 'Newsletter Evaluation Team'. The PET looks at
undervalued, underdisclosed, undertraded, underfollowed and underdiscovered
stocks which are often trading below book value or low P/E ratios, to find
ones where management is entering an aggressive era or where news and
developments which can drive the stock price appear imminent!
Members get close to the management -- and sometimes management will agree
to host an on-line
conference call for Forum members to learn first-hand about the company's
plans and ambitions.
The NET group develops exchanges with newsletter editors and publishers so
the Forum can be on the front lines when new hot newsletter picks are
published! The Forum's 'pick' sources have included the Dick Davis
Digest, Business Week, Tomorrow's Stocks, Strategic Investor, The Phantom,
Pegasus First Call, the Kon-Lin Letter, Today's Investor, the Bowser
Report, SSH Guru, Ground Floor, and the Red Chip Review, to name a few.
Overall, for 50 'picks', the Kid's stocks have never once fallen back
(prior to rising) after a 'pick', and have risen from a low of 2% to a high
of 775%, leaving an enviable average gain of 101% for 50 selections.
What's next for the 'Kid'? The Waaco Kid is now a prominent fixture on
the i.Star-licensed 'MegaSite' [tm] for financial information, news and
features at netcapital.com.
As a caricature, 'the Waaco Kid' is a can't walk straight and chew gum at
the same time' rascal who 'HYPNOtyzes' his stock selections, and whose
worldwide 'Waaco Sightings', which websurfers can post, are legendary.
Recently, Waaco began casting about at the New York Licensing Show for a
licensing agent, and may one day be featured in your favorite comic book or
in his own full-length animated motion picture. Who knows?
But for now, he is rapidly expanding, with more and more features that
already created comparisons in Business Week with 'The Motley Fool'; and
when the all-new 'NetCapital.com' website is fully loaded with graphics
sometime this coming week, he will also have his own 'Waaco's Galleria' of
5U companies in a new soon-to-be announced arrangement with another
well-known internet organization, more emerging details of his as
yet-untold exploits with the likes of Pecos Bill and Judge Roy Bean, and,
are you ready
... a 24-hour on-line investment Chat room just for the 'Kids'!
When the 'Kid's' picks and alerts are published, the 'Kid' imposes a
24-hour moratorium on all of its co-editors to prevent hysterical buy-ins
by individuals unexposed to the educational aspects of the Forum --- the
'Textbook Investment Method (TIM)', etc.
Afterwards, the 'Kid' announces its selections to the Street through its
thousands of trader stations and other electronic distribution networks, so
that over time, the 'Kid's valuations come to be recognized and accepted by
professional traders and institutions, where those valuations, to date,
have been proven time and time again.
Often the 'Kid' is way ahead of the curve, however. For example, Business
Week's example, Guardian (now Genesis), via the ticker symbol GIFS, as an
emerging reorganization at the time the 'Kid' stumbled upon it, didn't even
know its own book value at the time. It's over $14, and growing! Yet,
after the initial flurry -- the price easily shattered the Kid's target --
the Street pushed its price back down because the book value isn't even yet
verified by a Street-recognized accounting firm. Now, GIFS is preparing
to become fully reporting, apply for a full listing and is expected, in
time to announce that its new recognized accounting firm, rumored to be
Ernst & Co., has validated its figures.
Where do you think that stock will settle when that happens? So that is a
classic Forum 'positioning' pick. No rocket science. Just hard work,
diligence, and patience.
The Kid's full record, with all of his sources, will be posted this weekend
on the website, or you can request it by e-mailing email@example.com!
More recently that patience and belief in its valuation paid off when
Quantum Learning Systems (QLSI) rocketed 775% after weeks of patient
trading by the Forum. Even though QLSI burst through the Kid's target,
Waaco recently sobered up to put down a riot when some ornery varmints
threatened those gains. That became quickly known as 'The Shootout at the
AOL Corral', and only added to Waaco's already Waacko legend and ardent
following. A believer in truth, justice and the small investor's rights,
Waaco just deputized hisself and stepped right in with both guns blazing.
Some were surprised to see that he still had it in him, but those of us who
have followed ol Waacky's explOits for the past year are often amazed but
never surprised at any thing that critter might do.
One thing for sure, he ain't much to look at but he sure as heck knows how
to pick them
If you want to be inside where the action is, and to see all the new
developments as they occur via a stream of daily e-mail transmissions and
discussions between co-editors sent right to your e-mail box AS THE
DEVELOPMENTS OCCUR, you need only request the Financial Independence Day
Special via e-mail to firstname.lastname@example.org to get the special forum giving you
3 months of the Forum for only $10.
This special lasts only until midnight Sunday. As a special bonus, for the
rest of July you will also receive, absolutely free, the daily
HotStocks@StreetLevel which over the past six months has posted more than
500 stock symbols, from one to six a day! These have an average daily
run-up of 6% and a 3-month average gain of 25%. About five of these
actually DECLINED after posting. HSSL regularly appears on trader
stations, Bloombergs, network radio, fax, e-mail, websites and JagNotes.
It's priced at $60 per month, and is yours free for the rest of July if you
subscribe to become a Waaco Kid co-editor.
The Kid is regularly $10 per month, but it's yours through this weekend
only, as we begin to build circulation, distribution and an even greater
small investor powerhouse, for $10 for a full three months.
For full details and the Kid's record, write email@example.com and get
ready to join the Waacky and Wonderful World of the Waaco Kid!
This special is available only via e-mail, and only thru midnight July 7.
It is NOT available through our phone ordering service. Thanks.
-- [c] Copyright, 1996, by StreetLevel [tm], a division of NetCapital
Corporation, located on the Web at netcapital.com, rated 4-STAR
by the monthly magazine 'inter.net'. All terms and conditions for usage
are strictly enforced and contained in the 'Registration Agreement' found
on our website.
StreetLevel [tm] is the exclusive electronic distributor for
HotStocks@StreetLevel [tm] / 'HSSL' ($60 monthly e-mail, $75 fax); The
Waaco Kid's Hot Stocks Forum [tm] / 'HSF' ($10 monthly);
StockClock@StreetLevel [tm] / 'SCSL' ($8 monthly); and IRx / Investors
Research Journal [tm] ($10 monthly beginning Oct / 96).
All subscriptions include membership in Investors Research Institute (IRI).
Call New York Society of Security Analysts at 212-912-9249 for
reservations to 2nd Tuesday IRI/NYSSA Wall Street Newsmaker Luncheon
(beginning Sept. 10 in World Trade Center).
All subscriptions are automatically billed semi-annually at then-current
prices (as posted here) at each next regularly scheduled billing date (no
refunds). Subscribers may opt for annual billing to lock in then-current
prices and bonuses. Currently, HSSL subscribers receive all services and
publications as bonus. HSF subscribers also receive StockClock [tm]. All
StreetLevel [tm] products and publications are informational only, and
opinions of each writer, who should be assumed to hold positions, and
should never be construed as 'buy' or 'sell' recommendations for any
For a 2-Week Free Trial call 1-800-241-9111, Ext. 329, or e-mail
firstname.lastname@example.org or Fax 516-427-4867. To affect billing changes or
unsubscribe, please e-mail or fax only. Thank you.
If this were a logical world men would ride side-saddle!
|RecommendKeepReplyMark as Last Read|
|To: afrayem onigwecher who started this subject||8/4/2004 11:02:07 PM|
|To:Yuri Aminov who started this subject|
From: buzzlite Thursday, Dec 26, 2002 11:51 PM
View Replies (1) | Respond to of 8000
Periodically I search the web to see if there is any justice re the gifs scam. Haven't found any justice yet, but it's always interesting to me.
The esteemed former editor of waaco kid seems to be here.
Then I searched Mohamed Zayed and found this. Surely it can't be the same one.
|RecommendKeepReplyMark as Last Read|
|To: StockDung who wrote (925)||12/18/2004 1:02:38 PM|
|Gayle is a punk. His involvement internally at GIFS is well known. I have some documents regarding his communications...(s)|
When GIFS was about to crumble and he was provided with the truth, he completely ignored it because he was invested and involved...
So, then the articles started about me being a jewel thief, corporate spy, on my way to Mexico...lolol...instead the offices at GIFS were raided and the company was shut down.
Zayed and Gayle were tight...
|RecommendKeepReplyMark as Last ReadRead Replies (1)|
|To: tonto who wrote (932)||12/18/2004 1:11:17 PM|
|Re - MORE INFO ON GAYLE ESSARY COMES TO LIGHT |
To: TheTruthseeker who wrote (88832) 12/18/2004 12:05:16 PM
From: scionist Read Replies (1) of 88852
Re - MORE INFO ON GAYLE ESSARY COMES TO LIGHT
10. Plaintiff Mark F. Backhaus purchased shares of Streamedia common stock pursuant to the Company’s Prospectus filed in connection with its IPO, which was commenced on December 22, 1999. His signed certification, executed pursuant to the federal securities laws, is attached hereto.
11. Streamedia is a Delaware corporation that claims to provide website owners and content publishers with cost-effective services and tools for streaming, or broadcasting, live and on demand video and audio content over the Internet. The Company also operates a so-called .broadcast content website,. Bijou Cafe, at www.bijoucafe.com. The Company claims to have two primary components: it acts as an Internet content publisher and broadcaster, and as a business-to-business service bureau, to assist other businesses to publish and broadcast their content on the Web.
12. Defendant James D. Rupp ("Rupp") was the President and Chief Executive Officer and a director of the Company from its inception until October of 2000, when he resigned his management role, though he continued to serve as a director. In addition, Rupp signed the Prospectus filed in connection with the Company’s IPO. Rupp has been President and CEO of Capital Markets Communications Corporation a publisher of a number of Internet micro-cap stock
promotion newsletters including StreetSignals, TradeSignals, PowerSignals, AmexWire and the Waaco Kid.s Forum, among others.
13. Defendant Gayle Essary (.Essary.) was a founder, the Chairman and Vice President of the Company from its inception until his termination by the Company in March of 2001. In addition, Essary signed the Prospectus filed in connection with the Company’s IPO. Essary has also been Chairman of Investors Research Institute, an organization aimed at promoting the stock of microcap companies to individual investors. He is, and has been, an executive officer of several other companies that operate Internet stock promotion newsletters including HotStocks@StreetLevel, the Waaco Kid.s Forum and a number of others.
14. Defendant Walter Hollenberg ("Hollenberg") was the Vice President of Technology for Streamedia from July 1999 until sometime in 2000 and is listed in the Prospectus as an executive officer of the Company.
15. Defendant Nicholas Malino ("Malino") was the Chief Financial Officer of the Company beginning in November of 1998 and also served as Executive Vice President and Chief Operating Officer from August of 1999 until his resignation in October of 2000. In addition, Malino signed the Prospectus filed in connection with the Company’s IPO.
16. Defendant Henry Siegel (.Siegel.) was at all relevant times a director of the Company and in October of 2000, Seigel became the Chief Executive Officer of the Company. In addition,
Seigel signed the Prospectus filed in connection with the Company’s IPO.
17. Defendants Robert J. Wussler and David J. Simonetti were, at all relevant times, directors of Streamedia, and they each signed the Prospectus filed in connection with the Company’s IPO.
18. For purposes of this Complaint, the individual defendants identified in ¶¶12-17 shall be referred to herein as the "Individual Defendants."
19. Defendant Capital West Securities, Inc. (.Capital West.) is an Oklahoma corporation principally located at 211 North Robinson Street, Suite 200, Oklahoma City, OK, 73102-7101. Capital West is an NASD registered broker/dealer and acted as a lead underwriter and as corepresentative
for the underwriting group in the IPO.
20. Defendant Institutional Equity Corporation (.IEQ.) is an Oklahoma corporation principally located at 5910 North Central Expressway Ste. 1480, Dallas, TX 75206. IEQ is an NASD registered broker/dealer and acted as a lead underwriter and as co-representative for the underwriting group in the IPO.
21. Defendant Kashner Davidson Securities Corporation (.Kashner.) is a Florida corporation principally located at 77 South Palm Avenue, Sarasota, FL 34236-7724. Kashner is an NASD registered broker/dealer and acted as an underwriter for the IPO.
22. Defendant Nutmeg Securities, Ltd. (.Nutmeg.) is a Connecticut corporation principally located at 495 Post Road East, Westport, Ct 06880. Nutmeg is an NASD registered broker/dealer and acted as an underwriter for the IPO.
23. Defendant Schneider Securities, Inc. (.Schneider.) is a Colorado corporation principally located at 1120 Lincoln Street, Suite 900, Denver, CO, 80203. Schneider is an NASD registered broker/dealer and acted as an underwriter for the IPO.
24. Defendant Westport Resources Investment Services, Inc. (.Westport.) is a Connecticut corporation principally located at 315 Post Road West, Westport, CT 06880-4645. Westport is an NASD registered broker/dealer and acted as an underwriter for the IPO.
25. Defendant The Agean Group, Inc. (.Agean.) is a Florida corporation principally located at One South Ocean Blvd. Suite 300, Boca Raton, FL, 33432. Agean is an NASD registered broker/dealer and acted as an underwriter for the IPO.
26. Defendant Smith, Moore & Co. (.Smith.) is a Missouri corporation principally located at 400 Locust Street, St. Louis, MO 63102. Smith is an NASD registered broker/dealer and acted as an underwriter for the IPO.
27. Defendant Global Capital Securities Corporation, formerly known as EBI Securities Corporation (.Global.) is a Missouri corporation principally located at 6300 South Syracuse Way, Suite 645, Englewood, CO, 80111. Global is an NASD registered broker/dealer and acted as an underwriter for the IPO.
28. For purposes of this Complaint, defendants Capital West, IEQ, Nutmeg, Kashner, Westport, Schneider, Agean, Smith and Global will be referred to herein as the "Underwriter Defendants."
29. The Underwriter Defendants were the underwriters for the IPO, and were primarily involved in offering and selling shares of the Company to the public in the IPO.
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