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Microcap & Penny Stocks : Universal Medical Sytems (UMSI)

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To: Mary Kay who wrote (1658)3/9/2000 3:19:00 AM
From: Laurens  Read Replies (1) of 1672
 
You better believe it! I have been checking the recent UMSI action with my old reliable contacts but no one thinks there is any genuine reason for the rise.
They see this as the final contractions of the Tiresome Trio, (who have to get rid of about 1 million shares) before the curtain falls on the listing.

My broker did not allow me to put a
"safety" limit, in fact I cannot even
sell the shares I have on line, I must phone them.Their phones are so
busy all the time,I still have not sold,
but today I'll close the book on
the fakers.

By the way,here in Holland the first IPO of a Dutch server (WorldOnLine)next week is causing complete madness!

There are already dealings in the so called "gray" market, with prices up to 5 times the fixed IPO price. At these prices, the company will have share capital as much as Heineken and Unilever together, while WOL mentions in their brochure they will be losing money for years to come!

Isn't this a crazy world or what?

Lots of luck to all you UMSI holders,and
I am glad we did get back a bit more than the penny the shares once were worth!
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