Stock Touts Feeling the Heat!
Check this news item out on our beloved stock touts from IP Equity aka Internet Stock News...
IP Equity Switches Focus to Provide Venture Financing
SAN DIEGO -- IP Equity, which provides Internet investor relations services, said it will exit that
field by the end of 1999 to focus on providing venture consulting, online offerings, and net media services. IP Equity's venture consulting division will invest in and assist early-stage Internet companies with general business, marketing, capital-raising, strategic alliance, and investment advice. Its online offering division will aid companies in raising funds directly from investors via the Internet. Finally, the company intends to make its net media division, Internet Stock News, into an objective news source.
So, these CReMes finally admit that ISN isn't objective.
Looks like instead of touting crappy, albeit liquid, junk equity to the public, IP Equity appears to be trying to move to selling illiquid private securities to fools.
Buyer Beware!
BTW, Hey ISN/IP Equity....who was right about SNMM, IHWY, XDSL, and the others? hahahahahahah |
