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Microcap & Penny Stocks : NuOasis (NUOA) formerly NONA

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To: Bruce Walters who wrote (1433)2/29/2000 9:38:00 PM
From: John Fisher  Read Replies (2) of 1622
 
How do you amass a small position in OAIS/FXWA???
Start with a large one. Ha Ha

IMHO it is amazing that any thinking person (or NUOA) would have given a dime to Oasis. In the summer of 1998, at least one brokerage operation (probably the subject of "Boiler Room") pumped up OAIS to unsuspecting victims at prices as high as $12.00. In the fall of 1998 and spring of 1999 the price freefall dipped below a dollar and several victims sought relief through the SEC against the broker(s). The broker settled/refunded those, but the fact that OAIS had nothing more than a leveraged truckstop in the middle of the desert was becoming public knowledge.
Apart from their ill advised deal with OAIS/FXWA, NUOA seems stable over the past year or so. Invest in OAIS at your own peril. Do your DD.

*** Note: please insert "allegedly" and "IMHO" as needed.

JF
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