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Technology Stocks : World Cyberlinks(OTC-BB: WCYB)

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To: RikRichter who wrote (5)8/13/2000 11:37:26 PM
From: Mahatmabenfoo  Read Replies (1) of 12
 
WCYB is beginning to look like a fraud -- or at least a long shot that's become dead money. If the company is closing down it ought to at least announce the fact.

Month ago around the time they stopped filing SEC statements they leaked that they had filed but the SEC had messed up recording it so it only seemed to be late... then they became delisted and pink, and made a PR (their last, that I saw) that they'd hired a law firm to help them get relisted and up to date.

Now only an answering machine is at their phone number, and it has the dishonest message (day AND night) that they can't answer the phones 'cause of the "high call volume". "Dishonest" apparently is the company style.

One exception to the Pink = death rule may turn out to be SCCI. It's a most reseller of exotic minerals, including some proprietary superconducting combinations. It promised in January '00 to meet the newest NASD listing requirements... then in March failed to do so, and it has continued to fail to file SEC statements. The stock had a dizzy very brief high of 29 (I think) when we were all geniuses back in March, and just before delisting sent it to low single digits it was at 12. But if the company really is about to apply to be relisted (as it claims -- see Raging Bull and a letter supposedly from SCCI's president), then its price could recover. Heck, even hitting 6 would be a double!

- Charles
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