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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market

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To: Dave Gore who wrote (3724)2/26/1999 4:40:00 PM
From: Toby Zidle  Read Replies (1) of 4767
 
Dave, I find this conversation about Financial Solutions rather surreal. I must be missing something in your posting.

I looked at financialsolutions.com's web site last week and posted Msg #3559 with some comments. Briefly, I find it strange that an organization whose home page features the 10 ways in which the stock market can crash and then goes on to promote the value of annuities is really picking 'stocks of the month' like ETPI.

No matter how you cut it, our investments in a Bulletin Board stock with marginal earnings are speculative. Now to expect a 10-fold price rise ('BUY ETPI up to $4.50 per share') is really stretching. For a conservative, crash-expecting, annuity-oriented organization to see this target near-term is, bluntly, incongruous. Consider this quote from their web page: "Unlike most stockbrokers who will tell you to invest for the long term, we believe in taking your profits when the markets gets too high. And today it is grossly overvalued."

Surely you don't believe something on a company's web page is always true just because they put it there. Either Financial Solutions is pumping ETPI big for a future dump, or they have insights and inside information that we don't. No one of us on this board has targeted a $4.50 price in at least the last 2000 postings. Had anyone done so, even the bulls here would blasted that posting as hype and manipulative.

Sure I'd like ETPI to trade at $4.50 and to be on the AMEX. Who wouldn't? But what I'm saying is that something about the fax report doesn't feel right considering the tone of financialsolution's web site.

In an earlier message, you called the fax report good research and very professional. I have to disagree. I think the omission of financial discussion (and projections) beyond a few sweeping generalities is a glaring red flag. I posted that in an earlier message (#3663) so I won't repeat it again.

I hope you'll be right about this, Dave, but I doubt that you will be.
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