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Microcap & Penny Stocks : Amplidyne, AMPD

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To: drj who wrote (54)9/10/1999 8:25:00 AM
From: David O'Berry  Read Replies (3) of 538
 
Good call. It constantly amazes me how much ignorance of technology damages peoples ability to invest. These people are talking about signing up for internet access with a company that provides equipment and talking about 11 being faster than 2 while not having a clue as to what this technology actually holds. It is way ahead of itself but people please get your brains out of neutral and at least discuss the real issues. In my opinion there was little hype in this announcement and even though its a great short sale candidate, it can go the other way. Shorts, including myself, can be extremely narrow minded and ignorant of actual facts at times. I attempt to do that as little as possible and am actually long this stock from some time ago. Its all house money now after selling half yesterday but don't go mouthing off about bleeding money yada, yada when you look at the ridiculous market for 50 mile line of sight POP's with meshed tower systems to potentially cover 85% of all markets with 2 way 2MB's. I am a network engineer and the stock aside, it is exactly what we know is coming and are waiting for. There will be a lot of competition though and this stock is definitely overextended by a ton.

Thanks,

David
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