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Microcap & Penny Stocks : Advanced Gravis Computer Technology Ltd.

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To: David Krafcsik who wrote (1763)4/12/1997 12:02:00 AM
From: Lee Matheson   of 1780
 
What took place with the Gravis stock still annoys me.

Since this experience I've been trying to read up on similar
"manipulation" (?) to be alert to the possibility so I can avoid
them. [i.e. ... an ounce of prevention is worth a pound of cure].
I do hope that if any legal action proceeds against Gravis
that those people who take the time and effort to follow thru
with the action will succeed.

Along the lines of things to watch out for, I have found a very
good book (written over 70 years ago!). It is called
"Reminiscences of a Stock Operator", it is by Edwin Lefevre,
and it purports to be a fictionalized biography of Jesse
Livermore. Its an excellent book, and after reading it, and
thinking about what took place at Gravis, I have learned a lot.

My approach to stocks does tend to be more on fundamentals
(contrary to my approach on Futures which is more technical).
I find fundamental research is time consuming, and hence given
the relatively small size of my Gravis investment (less
than $15k) I don't have the time to dwell on Gravis, ... but
for those who are taking the time to pursue legal action, I wish
you the best of luck.
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