SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : CAML lovers Where are you?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steven A. Annese who wrote (1320)5/13/1997 4:51:00 PM
From: Philip Pasteur   of 1541
 
Steve, It may not be long !!!.....................................

Sales still appear to be nearly non-existent. Camelot is down to about 30 employees from around 100 just about a year ago. They have had ads for 7 hardware/software developers on their web site for months. A company simply cannot produce a product without developers!

I understand that Mr. LeBlanc...head of Investor Relations has fled Camelot. Just one more in a steady flow of top people who have seen the light and got out (perhaps on advice from their attorneys?). I wonder if LeBlanc's concience was bothering him from all of the lies he has had to tell hurting investors in an effort to keep them on the hook for this dog.

Cash reserves were down several million in the last reported quarter. Indications are that they may lose over 8 MILLION DOLLARS on rapidly dwindling sales for the fiscal year ending April 30, 1997.

It really seems like the fat lady is warming up for her aria.

The only problem is that this does not recoup the huge losses that investors have sustained... and DW will probably skate without taking any responsibility for the lives he has damaged and/or ruined!!

Sometimes there just is no justice!..

BTW Steve... at one time you communicated about Camelot with a guy named Jim Ward, did you not?

Jim was a real active hypster for Camelot on Prodigy back when you and I had our little confrontations. He also tried posting to some of the VON forums lying about saving $6000 per month using Digiphone in his business. He once stated that he had bought over 190K shares of CAML DUNG when the price was between $4 and $8. Said he had bet the farm... Let's see if his average cost was $6 he spent $1,140,000... today that stock would be worth about $22,800. A loss of $1,117,200. OUCH!!! I just hope that he bailed a long time ago!

I guess we are all free to make any financial decisions that we want. The shame is that investors have been continually intentionally misled by this company and the perpetrators are still living high on the hog, using investor's dollars, in Dallas!

Do you know what happened to Mr Ward and his farm?? I would not mind finding out his opinion today. Let me know if you have any idea how to get in touch with him!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext