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Technology Stocks : NUKO INFORMATION SYSTEMS

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To: Peter Shaw who wrote (3080)10/22/1997 1:22:00 AM
From: Johnathan C. Doe  Read Replies (1) of 3509
 
Peter, you are correct in part to what you say. The reason insiders bought was because this company was about to have a substantial secondary offering that would have given a lot of speculative firepower behind the company. It didn't happen because they got caught overhyping the company and so the question now remains, "What is left"?

It is hard to see much left other than a company that could have made it failing miserably. Hype is all that is left to keep anyone holding this up at 1 1/2. Vague promises of licensing, etc. It may well happen. The problem is that for anyone doing due diligence, what is available to judge the company from? Due diligence shuts out everyone but gamblers in this stock. No public or semi-private information leaked can be trusted. You can't even trust the public press releases. Now that is pathetic.
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