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 : CAMELOT CORP. (CAML) ANY ONE?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James K. Webster who wrote (28)9/30/1997 7:34:00 PM
From: Philip Pasteur   of 84
 
James, For your sake I hope you are right, but I doubt it seriously!
First I have not been able to confirm what your broker said, after contacting several brokers here.

Internet telephony does have a huge future. However are you going to continue to bet on a firm that has a solid track record of failures and nothing but failures. How long does it take before you realize that DW is little but a scam artist with no talent for producing a viable product.

I am not sure what you mean by IRC servers. This is a term that Camelot uses to denigrate the opposition (all of whiuch are much more successful with theri products than CAML). All of the majors use multiple addressing modes. These include methods which use no servers other than an addressing server that one registers with when they log on. Something that is required with dynamic IP adressing used by most ISPs. The servers you refer to are dedicated servers for displaying names of users online. They are not shared by any IRC activities. Though Camelot has not admitted it they too use servers for addressing. The "direct connection" method they tried at first was a huge failure. In any case, once a connection is made the data is from one machine to another in ALL cases with no servers involved. Your technical knowledge of how these apps work is obviously limited. This could be a significant liabliity when investment dollars are at stake.

Digiphone flat is a fourth class citizen in todays market, and 2.0 is nowhere to be seen.

You are missing the fact that trading has been stopped... and there is no word on whether it will even resume tomorrow. I believe your wild ride will likely end in you losing what you regained if you are not real careful. But everyone is entitled to an opinion, even if it bears no basis in fact or history!

DW always walks a fine line on the legality issue. Perhaps the rumored SEC investigation will indicate whether he has overstepped the line. On the other hand few would argue that his sense of business ethics is sadly lacking.

Just remember that Camelot is at a tiny fraction of what it was at almost $8 or $320 equivalent after the split. Meteor went from 18p to an equivalent of 5p pre 1 for 20 reverse (360p to 65p equivalent after the split) within months of DW taking over. Does this indicate a pattern, everything this guy touches goes the wrong way fast!

Best of luck to you as well.. but I suggest you do some more homework!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext