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Microcap & Penny Stocks : DROM - Interactive Media

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To: Secret_Agent_Man who wrote (568)3/24/1997 10:15:00 PM
From: Kerry C. Smith   of 638
 
The strongest touts on DROM came from Prodigy's service Wall Street Edge. The runup to 8 started the day after one of those touters went on for about 4 pages saying it offers more " emerging value" than anything that we have ever featured. Quote The corporate information "will literally knock your socks off." Hazlet Letter. The only time that I know that I was lied to was when I asked Dr.Vertucci about the financial situation. I asked him point blank if they had the working capital to get to the point where the USGA contract would kick in. Obviously, his answer sounded believable.In looking back, my mistake was that I believed that as long as the concept was viable and the projections made sense then everything else would fall into place. I called the pros at the pilot golf courses and their answers really fired me up. Since,I knew that the USGA would not be able to go ahead with another company, I felt very good about this stock. It was a very expensive mistake.
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