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Microcap & Penny Stocks : CAML lovers Where are you?

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To: investz who wrote (1275)3/20/1997 3:41:00 AM
From: Philip Pasteur   of 1541
 
Eric, Sorry you took the hit on the beast....................

At about $0.31 today it will be interesting to see how low this critter falls after people figure out that the third quarter report shows no real earnings. This will be a continuation of the string that started when CAML was first traded under the current name in which they have never shown a profit based upon sales of goods and services.

It would seem that investor confidence is eroding at an accelerating rate. Even the old diehard, hardline CAML hypsters seem to be having serious second thoughts about their wisdom regarding throwing money away on this stock (You notice even crazy Sam has been absent from this forum for a few months now).

True you have college kids like Asset that jump up spouting grand predictions based on nothing more than a couple of years of classes in finance, but there no longer seems to be many objective investors that expect much of a future for Camelot.

If Camelot managemnet doesn't figure out how to make some money soon (unfortunately history shows them to be clueless in this arena,in fact it seems like everything they touch goes steeply downhill immediately) even their desperate scheme for a "you give us TEN shares and you get ONE back" scam wiil not keep them from dropping and staying blow a dollar in rapid order. By virtue of this chronic inability to show something worth investing in they must assuredly get de-listed from NASDAQ. (I seriously wonder why NASDAQ has had so much patience so far, CAML has been trading below a buck for a significant amount of time now!!)

Anyway, sorry you lost money on CAML. I wish I had done a better job at convincing you that it would have been in your best interest to bail when you could still get a couple of bucks per share out of it...
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