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Microcap & Penny Stocks : CAMELOT (CAMLD) & HAPPY STOCKPICKER
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To: Charles B. Christian, Jr. who wrote (48)7/31/1996 11:42:00 AM
From: Philip Pasteur   of 84
 
Charles, If you are looking for encouragement, I am the wrong one to ask.

I joined the various SI forums almost one year ago. I got burned by buying the Digiphone software the very day it hit the shelves. I started to research this company, and uncovered what I believe to be a Corporation rotten to the core. Since then Camelot has indicated that it's management has no idea that the concept of "Business Ethics" even exists. They promised Digiphone Delux in September 1995 ( they announced they were shipping 3 times in the interim), they did not ship until almost June 1996. By the time they did all of their competition had 3rd generation software out. If one looks at their financial numbers, it is clear that their position worsens with each passing quarter.

At one time there was money to be made on Camelot. Each hype release resulted in a short term spike in the price. An adept speculator could do alright, and many did ( though, I am sure not as many as those people that bought between $5 and $8 and now have lost big time). The last three media releases have only resulted in more losses. It seems like the good old days are gone!

I truly believe that this company is headed for doom. If I had stock in Camelot, I would sell it before I incurred any further losses.

Yes I do think that people at Camelot read these forums....
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