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Technology Stocks : Copytele - Another XEROX in future

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To: Jack Clarke who wrote (1275)5/6/1998 8:50:00 PM
From: Eric Klein  Read Replies (1) of 1320
 
How can this scam go on?

I'm not sure. This stock made some sort of sense when they were hyping their "revolutionary" flat panel display technology, but why anybody would believe that the Magicom will ever amount to anything is beyond me.

I could repeat all the reasons that they are such a farce, but what would be the point? I just trot out that stuff when some hypester starts up on the thread, which is not that often anymore.

I think that COPY has been around so long that the pool of suckers who are available for buying it has sort of dried up. Each time they've tried to pump it up this year it's collapsed immediately afterwards. IMHO the past couple days action is just the latest attempt. After a few more pump failures they'll probably throw in the towel. I think that companies like KTEL and ENMD that go up like rockets get people's greed up. When this market finally breaks COPY will fade into oblivion, and even if the market goes up, COPY is now so notorious that I can't see it really generating any sustained upward movement.

If it does go above 5, better move fast. I don't think it will stay there long.
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