CAML lovers Where are you? Message Board

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Microcap & Penny Stocks : CAML lovers Where are you?

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To: Ed Huang who wrote (1356)	5/18/1997 12:43:00 PM
From: Philip Pasteur	of 1541

Ed, If you look at the history of this board you can see my detailed thoughts! Suffice it to say that Camelot has not ever made a dime based on the sales of products or services. Their losses have run into the millions of dollars per quarter, even though they have claimed large income for one time sales of distribution rights (which in all cases they never actually recieved). They have been living on money from institutional private placements and individual investor's dollars. It seems that these sources have dried up. Their cash reserves declined significantly over the last few reported quarters! Quite frankly, I am surprised they have lasted as long as they have. With no competitive products, the seeming inability to develop any in a timely manner, and the horrible reputation that they have earned so well, it would appear that it is just a matter of time before they go down the tubes. As I keep saying, I hear the fat lady warming up!!! She is about to burst on stage to deliver a beutiful rendition of the dromedary's swan song!! (hope that isn't too many animals in one sentence <GGG>) I would avoid this one like the plague Ed!!

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