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Technology Stocks : CAML

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To: Island Man who wrote (14)1/29/1998 3:49:00 AM
From: Philip Pasteur  Read Replies (1) of 20
 
I guess you can always hope................

This stock has been a dog almost forever. It once rose to almost $8 (pre split) on nothing but hype. The latest failure was thier internet access service. Inoticed that I could not log on, visited their web site (CIAS) only to see a one liner "We are no longer in service".
Of course this is just one more in a long line of failures for this outfit built only on hype and scams. The MR CDROM stores were big failures... the IPO for the online version has never happened. Evertime they actually showed a profit it was from distribution deals that Weittreich made with himself.

To my knowledge, notwhithstanding their hype about "Video Talk" they still have no viable products.

I am really amazed that they were not long ago in bankruptsy court. They have been investigated by the FTC and by the SEC.

Some advice... stay far away from this one... if you value your investment capital that is.
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