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Microcap & Penny Stocks : CAML lovers Where are you?

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To: Young who wrote (1306)4/9/1997 3:02:00 PM
From: Philip Pasteur   of 1541
 
Young, I can explain it Danny. ZERO INVESTOR CONFIDENCE!!!

People have long been faced with the less than ethical methods that Camelot has used to present itself. Investors have seen the fortunes of the company go from bad to worse. Most are, for good reason suspicious about the methods used for computing and reporting the financial numbers. Camelot has used the method of issuing press releases so many time to report what turned out to be utterly false information that few people any longer believe anything they hear from this company!

I believe that if one were to check the 3Q numbers even showed a lesser number for Shareholder equity from that which DW touted in this press release ( how does he get away with consistently misrepresenting the truth so blatently in all of Camelot's press releases anyway?).

He is right about one thing though. Nothing has fundamentally changed about Camelot. They still are not selling anything. They still are promising to introduce products that are severely past due and still nowhere to be seen!
They have lost money every day of their existence and the trend is accelerating.

Now I wonder if it is really a mystery to DW as to why his stock has fallen so?? I doubt it, but desperation leads to desperate acts..i.e this press release and the $4 (choke) mrcdrom IPO!
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