Copytele - Another XEROX in future Message Board

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Technology Stocks : Copytele - Another XEROX in future

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To: Andrew Fenic who wrote (1224)	3/21/1998 12:36:00 PM
From: dumbmoney	Read Replies (1) of 1320

<< Don't make company press releases the cornerstone of your investing research! SEC filings are more valuable. CopyTele's filings very clearly lay out the state of the company, financially and otherwise. >> Yes, of course. It is very rare that even a sham company lies in SEC filings. They are almost always brutally honest. << Yet the stock has gone through wild gyrations; arguably the company has become irrelevant. COPY is a stock driven by rumour, wishful thinking, short squeezes, and pure speculation. >> Yes, it behaves much like an OTCBB penny stock. There is no rational basis for the share price. Usually these types of companies go bust, but Copytele has wisely decided not to waste money on things like R&D, production, and marketing, such costly efforts having been the downfall of so many fine companies.

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