Bill Wexler's Profits of DOOM Message Board

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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Bill Wexler who wrote (4320)	1/30/1999 10:16:00 PM
From: BDR	Read Replies (2) of 4634

A little late for investors in Zitel, et al.: <<<<<<<<< JANUARY 28, 19:02 EST State Regulators Warn on Y2K Scams WASHINGTON (AP) — People should watch out for investment scams exploiting fears of Year 2000 computer problems, state securities regulators warned. Some con artists have tried to persuade people to take their money out of banks to avoid computer glitches, then turn it over to be invested with them, the North American Securities Administrators Association said Thursday. The nation's bankers recently told Americans not to panic over the Year 2000 date change, promising that ATM machines, credit cards, checks and banking services will be functioning normally. They also warned that withdrawing massive amounts of cash could make consumers vulnerable to being robbed. The state regulators said other promoters are sending unsolicited e-mail messages selling investment opportunities in companies or products that are touted as fixing the Year 2000 problem. >>>>>>>>

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