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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Apollo who wrote (23617)4/26/2000 3:42:00 PM
From: om3  Read Replies (3) of 54805
 
INTF: Was this a pump and dump scheme?

Stan,

Thanks for posting your experience with INTF. It was almost identical to my own. I bought it at 72, watched with horror as it dropped to the teens and sold yesterday at 11 after reading their terrible quarterly report. In retrospect I feel that I ignored several suspicious hints regarding this stock and the way it was promoted. I read through the entire INTF Yahoo board and found many of the traits of a
"pump and dump" scam and am wondering if anyone else had this suspicion. There are many posts there supporting the company and hinting at an impressive quarter and hinting at a possible acquisition. There seem to be many "one-of" aliases which may very well be written by the same person or persons. The hunt report on the company is what caught the interest of myself and those who think in gorilla terms. Like you, I'm trying to turn this into a positive learning experience, so that in the future I can recognize the signals that I fell prey to. Anybody else have thoughts on this situation?

--Steve
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