ACCY - Accsys Global Network, Inc (NASDAQ OTCBB) Message Board

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Microcap & Penny Stocks : ACCY - Accsys Global Network, Inc (NASDAQ OTCBB)

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To: Alex Sharp who wrote (1023)	2/8/1998 3:40:00 PM
From: Larry Brubaker	Read Replies (2) of 1574

<<this stock will hit $2 plus before March 30th and when the tournament is played and verified, it could $4-5 overnight.>> This is the kind of hype that bugs me about this thread. This company may well be legit, and with the names involved I assume it probably is. But throwing out a "$4-5 overnight" figure is just plain hype. Even IF they pull off three tournaments, and even IF they earn from those tournaments what they project they can, a reasonable valuation for the stock would be up to $2, AFTER they have earned what they project for 3 tournaments. If it did get to $4-5 after one tournament, the stock would be ridiculously overvalued. I have no problem with projecting a valuation for a stock that is reasonable given it's fundamentals (which at this point are merely promises). But to project a price that is unreasonable relative to the (promised) fundamentals is shear hype.

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