Whitney Tilson The Motley Fool 5/22/01
Love him or hate him — and he is widely reviled by many stockholders of the companies he targets –Asensio’s book is well worth reading. Whitney Tilson, The Motley Fool
Articles by Asensio.com
No DOC ruling on ICANN’s jurisdiction. Justice and GAO begin investigations.
The Department of Commerce (“DOC”) did not validate the ICANN staff representation that their VeriSign, Inc. (NASD; $62) agreement contained no policy decision. ICANN’s staff used the representation to defend their failure to notify the […]
King Of The Shorts – Forbes
King Of The Shorts – Forbes
Dan Ackman Forbes.com
Manuel Asensio is on the warpath. One of the leading short sellers on Wall Street, he’s on the phone calling lawyers, editors, public officials–anyone who will listen–to his complaint about VeriSign. . . The issue […]
ICANN’s Chairman had undisclosed conflict of interest
There are serious concerns over ICANN’s inappropriate handling of the process that led to the new deal with VeriSign, Inc. Most important of these is ICANN’s Chairman’s questionable conduct and undisclosed potential conflict of interest. […]
Commerce Likely to Let VeriSign Keep Dot-Com Turf – The Wall Street Journal
Commerce Likely to Let VeriSign Keep Dot-Com Turf – The Wall Street Journal
Bethany McLean, Fortune
Anyone who was silly enough to follow [Jack] Grubman’s advice didn’t get to stay in never-never land for long. In early March outspoken short-seller Manuel Asensio released the first in a series of devastating reports […]
Hear No Risk, See No Risk, Speak No Risk – Fortune
Hear No Risk, See No Risk, Speak No Risk – Fortune
Commerce To Place Conditions on VeriSign Deals – National Journal
Commerce To Place Conditions on VeriSign Deals – National Journal
Commerce Department: No decision on VeriSign/ICANN – Bridge News
Commerce Department: No decision on VeriSign/ICANN – Bridge News
Another dubious attempt to predict public policy.
In a report dated May 7, 2001, Prudential Securities analyst James Lucier claims “first-hand” information about a decision the U.S. Department of Commerce (“DOC”) is expected to announce on Monday, May 14. The DOC is […]
Six More Years of Monopoly.com?
Next Monday, May 14, the Department of Commerce is scheduled to decide whether VeriSign, Inc. will be allowed to retain its unprecedented quasi-monopoly over the registration of dot-com Internet names and the maintenance of the […]
ICANN fails to obtain necessary approval for VeriSign deal
ICANN’s new proposed agreement with VeriSign, Inc. (Symbol VRSN; $57) does not comply with Department of Commerce’s (“DOC”) regulations governing ICANN’s authority to exercise control over the domain name system (“DNS”). ICANN failed to comply […]
John Dizard Financial Times 5/5/01
Along with other journalists, I have made use of Asensio’s materials, though not without checking it first. When I did, it turned out to be quite reliable. John Dizard, Financial Times
Trumpeting the skeptical side to short-selling – Financial Times
Trumpeting the skeptical side to short-selling – Financial Times
Peering into VeriSign’s Foolish $12 Billion Bubble.
Today, Asensio & Company, Inc., an investment bank that conducts a specialty business in independent corporate valuations of excessively promoted companies, initiated research coverage on shares of VeriSign, Inc.’s publicly traded common stock (Nasdaq: VRSN; […]
VeriSign and its analysts have sown inevitable investor disappointment.
VeriSign, Inc.’s (NASDAQ: VRSN, $59.40) sudden stock run-up has caused it to trade at 219 times its latest twelve-month net income and 145 times 2001 projected net income. This price level is unsustainable, even assuming […]
VeriSign’s divestiture deadline being unduly disregarded.
On an April 26 conference call, VeriSign Inc. (NASDAQ: VRSN) (Price: $59.80) stated that it was not in discussion with any potential partners for its registry or registrar businesses. According to an existing agreement, VeriSign […]
Behind VeriSign’s Confusing IQ Report: A Slowdown – Dow Jones News
Behind VeriSign’s Confusing IQ Report: A Slowdown – Dow Jones News
Jack Grubman Follows Winstar to Shame – TheStreet.com
Jack Grubman Follows Winstar to Shame – TheStreet.com
Short Interest – eRaider
Short Interest – eRaider
Winstar: The Debacle For Our Era – SmartMoney.com
Winstar: The Debacle For Our Era – SmartMoney.com
James J. Cramer TheStreet.com 4/25/01
Jack Grubman dismissed the work of Asensio, a well-known shortseller who predicted, almost to the day, Winstar’s demise, as someone who ‘lacks an understanding of the CLEC industry.’ Asensio, it turns out, understood this industry […]
Publishers Weekly
Asensio is a cult figure among some investors….his unmatched six-year record for spotting over hyped and fraudulent stocks, makes him very unpopular on Wall Street. Publishers Weekly
Sold Short: Uncovering Deception in the Markets – Publishers Weekly
Sold Short: Uncovering Deception in the Markets – Publishers Weekly
Second Welsh Carson investment comes under attack – Financial Times
Second Welsh Carson investment comes under attack – Financial Times
No evident reason to repurchase Winstar shares.
Yesterday, SGC Advisory Services Inc. issued a press release concerning Winstar Communications, Inc. (NASD Symbol: WCII $2 9/32). SGC’s president is a former Winstar executive. SGC and its president “maintain an interest” in Winstar stock. […]
Theory and Practice of Investing: Short Interest – eRaider
Theory and Practice of Investing: Short Interest – eRaider
Observers Site Short-Selling – Dow Jones Newswire
Observers Site Short-Selling – Dow Jones Newswire
Winstar’s debt collapse reflects its cash and operating crisis.
On Friday, March 16, 2001 Winstar Communications, Inc.’s 12.50% Senior Notes due 2008 (NASD Symbol: WCII, $6) traded at a record low price of $400 per $1,000 bond. Winstar’s senior notes traded at a current […]