Here is a post on another company owned by Mr. Norris and passing it on for additional info only.
Subject: ATCO **Throw Your Speakers Out The Window!
To: brian cohen ( 74 )
From: FAHD
Oct 12 1996 9:27PM EST
Reply #75 of 77
This Company is pure HYPE. Look at any one of multitude of sister
companies. PTSC, ATCO, NORRF among others. Each one claims its
own yet totally different inventions. Maybe thats not all that is
amazing but factor in that the same people make up the staff and
management of each company. Those are "super-people" capable of
inventing "better" mouse-traps "oh-boy, I'm excited." Look at PTSC
new product a shit-load of hype and if you invested at the high of the
HYPE (late February), you will have lost your ass. Put a dime in ATCO
and you'll be lucky to get your first fifty cents back. At PTSC they
were flaunting patents that were not in their name. They were registered
to a gentleman that passed-away a couple of years ago.
If you do the research, I think you will find, Mr. Norris generates
a significant level of cash, when he excercises his options, and cashes
out of some of his positions during periods of "hype" over his companies
"products" that aren't like to see any broad based distribution.
What a way to put money in the bank.
Lets' make it clear I am not saying that Norris manipulates the markets
by always having one these publicly traded companies in lime light while
the other shareholders are licking their wounds. These companies
are not independent, you should look at how the stock prices move
collectively, and albeit in such a cyclical manner.
I think Norris will have a tougher time raising cash if Prop 211 passes.
If you really want to waste your time on this one do your research
you'll save a couple bucks.
If you disagree with me on this one, just put your money in ATCO, Norris
will be glad you did.
When PTSC was at its heyday in late February, I raised the question
whether PTSC would ever get the "big" patent registered in its name.
After all they claimed it as their patent but had never transferred it.
The transfer has to be in writing as it is a patent; and in order to
claim the rights it brings to the registered holder it must be registered
in that holders name. They said they were going to transfer it, I
wonder if they ever did. After all the transferor/registered holder
is deceased.
Some folk claim Norris to be some big inventor I think they claimed 17+
patents. I checked back then he held I think 2. Is this HYPE or what.
Look at NORRF, PTSC for similar examples.
As for The Analyst from M. Lynch; more bullshit. These types of comments
were regular during the "HYPE" of PTSC in February.
Not that it is terribly relevent, but I made a killing on PTSC, why
because I got in at the start of the HYPE, and had the sense to get
out after I did my research and found it too good to be true; along
with the rise and fall crap of Norris' other stocks.
Reminds me of those nasty pyramid schemes and what happens to those
who come in last or get a late start.
Enough said, you'll have better luck on a long shot at the races.
J.D. |
