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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: CapitalLosses who wrote (58858)8/26/2000 11:50:43 AM
From: peter michaelson   of 122087
 
Capital Job, Capital loss.

Strange indeed. On the other hand, cannot convict solely through association. Interesting too to note that Claneil, the major investor, is the money on McNeil Pharmaceuticals, the makers of Tylenol. Johnson and Johnson bought Tylenol in 1962 or so. Helps to explain the many J&J connections on the CALY board of directors.

My feeling at this point, though, is that CALY is not a scam. However, with declining revenues, proven lack of market acceptance in the U.S., a single, non-proprietary product, and various competitors, the company is simply not worth a whole hell of a lot.

Peter
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