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Non-Tech : International Lottery and Totalizator Systems (ITSI)

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To: John D. Morrison who wrote (68)2/2/1998 10:23:00 AM
From: Vinnie  Read Replies (1) of 160
 
John,

I would be very suspect of this guy Shawn (nothing personal, Shawn). He is following the typical pattern of the "false prophet" (an idea that has been discussed at length on the BNGO and NRAG threads). It has been suggested that these small companies may even hire someone to pump hype on their stock over the internet discussion forums in order to raise the price. I'm not insinuating that Shawn is one of these persons, but you really never know for sure. I noticed that he is posting all over the place for ITSI...really beating the bushes with fantastic, insider-sounding, claims. Here are just three of his recent posts on three DIFFERENT threads (none of which was the ITSI thread):
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To: John Liu (3742 )
From: shawn a. becker Monday, Jan 5 1998 7:56AM EST
Reply # of 4225

BUY ITSI at a 1$ to 1 1/2 level look for 3 by the end of Janurary and 6 to 8 by spring .
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To: James (1531 )
From: shawn a. becker Thursday, Jan 15 1998 11:58PM EST
Reply # of 1543

BUY ITSI should triple before end of the month expect news to start flowing out of company next week and then keep coming
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To: Bo Didley (594 )
From: shawn a. becker Monday, Jan 5 1998 9:27AM EST
Reply # of 629

EXPECT 100 to 300% move soon in ITSI .News is coming soon .
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I'd be very suspect of anyone throwing around claims like these about a BB stock. Something just doesn't smell right in Denmark....but don't get me wrong, because I hope the guy's right. I already own ITSI, but I'm not about to buy more until I see some concrete results (in terms of earnings and contracts).

Vinnie
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