Here you go Web2
By: USATodayWriter Date: Feb 5 1998 11:58 A.M PST Reply To: Msg. 2964 by cheapnotfree
Already, folks, ENOUGH ALREADY! Please read:
The volume on this stock has been so constant, that I was assigned by my editor to write a story on it and get some facts. It was also suggested by someone in the business dept. to check this newsgroup for reactions.
No, I'm NOT going to reveal my name, because I can get into a LOT of trouble (the story won't be out until the weekend edition). And, NO, I do NOT own the stock (we can't own stocks on those that we cover...conflict of interest), so you're getting an unbiased opinion here.
Here's the scoop: The company IS for real, it IS planning another test ride on Tuesday (weather permitting), and foreign countries ARE jockeying for position have the technology for their cars. Also, the cars have been tested up to 94 M.P.G., with an average around 85. That is quite an improvement over the current American cars, and there will be a few American makers at the test on Tuesday.
I've noticed some serious price fluctuations over the day, and I have a bit of advice for everyone. NEVER try to time a market. NEVER! Buy a stock if you believe in the technology. This is how MSFT, IBM, and many others got started. My father worked for Merck in the 60's, and stocked his securities away. He retired at 44, and is living off his investment.
I can't even give you my opinion on any stock I cover, but I suggest you keep an open mind to any technology you haven't seen yourself, because everything was new once.
Good luck to all! |