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Gold/Mining/Energy : Diversinet ( DVNTF / DVNT ) aka
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To: John Algermissen who wrote (94)11/28/1997 7:41:00 AM
From: Hippieslayer  Read Replies (1) of 1242
 
John,

Maybe I got a quick answer because I wrote to them on a day most American's were busy stuffing their faces with turkey!

First, I can't tell you whether you should average down. YOu and I both know that this is one highly speculative stock. REgardless of the recent announcements, the past history of this company dictates one to be highly suspicious of management( yes, I know that a lot of things have changed, but there is still little known about the people who are now at the helm of this company.
The bottom line is whether or not the software that they have based their name on really works. We have heard nothing about "beta" testing or for that matter anything about the software!

There are a couple of scenario's that I forsee. 1)They issue the software with companies already on board, meaning that they allowed key companies (one's with a known name and legit. background ie NSCP) to test the software and approve it as being effective in what it claims to do.
This is the bullish scenario.

2)We get dupped again by slick talking snake oil salesmen. The software is about as good as my HTML (I only know a handful of commands ) and the stock stays or drops where it is now.

AS you can see, I'm at a loss in trying to figure this company out.
I can only tell you that I have to think that DVNTF is on to something. I just don't know what it is or how big it will be.

We'll see if the e-mail I got comes true in Dec and hopefully this thread will become active with the short traders when the stock goes up to 60!! Don't I wish?

Take care,

Fugazi
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