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Microcap & Penny Stocks : Universal Medical Sytems (UMSI)

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To: HG who wrote (312)11/6/1997 9:56:00 PM
From: Laurens  Read Replies (4) of 1672
 
RE KOSTECH. I also received an email from Tom Kosta and what I come to learn as the usual blahblah what he is trying
to do for us small investors.
He says UMSI went south because of to recent
event.FACT is that UMSI has gone down since January this
year after Kostech stopped the heavy hype on the co.
They enthused me (as they have undoubtedly done with
many others) with their reports, and after
reading up some of these very lengthy justifications
that the stock was the bee's knees, I did not only
buy UMSI, but also one of their other heavily touted
stocks: NHMCF.
The same scenery developed: one they stopped hyping
NHMCF,the stock went south.Fortunately not in a free
fall like UMSI (from 215 cents to 30 cents) but
"only" some 40%( from 600 to 375 cents).
After asking them what was happening,Kostech
emailed me with the message to stick it out.Just
a bad time.Stick it out. By year's end things would look up.
I should have put two and two together and instead got
the heck out of Kostech's erstwhile wonderstocks.
You should see the emails I got when I asked the other
day what experience UMSI investors had with Kostech!
In the thick fog of Kosta's
laments about UMSI, how they got "burned" as well,and their earnest desire how they are trying to make money
for the small guys too,I am glad to notice you did
not let yourself taken in completely by Kosta,and stated:vxvxvxvxvxvxvxvxvxvxv.

And that is a fact!
Laurens
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