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Microcap & Penny Stocks : JAWS Technologies - NASDAQ (NM):JAWZ

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To: justaninvestor who wrote (949)9/23/1998 5:04:00 PM
From: neverenough  Read Replies (1) of 3086
 
FWIW, I just received this......

Dear E-mailer's: saadvisory.com

We are placing a SELL recommendation on the remaining position (50%) of
Great White Marine formerly Tigershark. The new symbol is JAWS. We
recommended "jaws @ $1.125 on March 30,1998 and then placed a 50% SELL
recommendation on the stock on May 13th @ $3.06/share. The current price
of "jaws"is around $3.28.

The reason for the sell recommendation stems from the "new" and ongoing
SEC investigation. We know that this is the case, because the SEC has
contacted us concerning our involvement with the company.. We recommended
"jaws" and never received any form of compensation for our
recommendation. The SEC is looking at the PR firms and other newsletter
writers that may have been paid without full disclosure. In addition, the
the Company itself is being investigated for possible illegal sale of
shares according to SEC rules and regulations.

We have no interest in bad mouthing this issue, but the fact is that the
SEC is looking at the company very closely and all others involved.
We have no interest in remaining in this issue because of the above.
We have always questioned the amount of shares that were outstanding and
the lack of timely filling with the SEC as promised ( 10q & 10k ).

We reiterate a SELL recommendation on this issue.

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