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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Hawkmoon who wrote (2103)9/22/1999 1:53:00 PM
From: Thomas M.  Read Replies (2) of 3536
 
I'm talking about this incident (from the WSJ):

<<< Mr. Armstrong's current troubles were foreshadowed 30 years ago. Barely out of his teens, the avid stamp collector in 1969 published an ad in a stamp journal claiming he had rare and valuable stamps for sale, including two 1904 stamps. "These were extremely rare stamps," Ken Lawrence, an authority on stamp collecting, says now. A few months later, another stamp collector ran his own ad saying he had those same stamps in his collection, not Mr. Armstrong. The case remained a mystery for years until the second collector's stamps came on the market in 1996, revealing that the second collector had the stamps and not Mr. Armstrong. "One of the strangest episodes in the history of the stamp hobby may finally be put to rest," said an article in the January 1997 edition American Philatelist, a stamp-collectors' journal. Mr. Armstrong's attorney declined to comment on the matter Tuesday. >>>

To me, this puts him in a shady light. I do agree with you, though, that his analysis was worth reading, and should not be ignored.

Tom
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