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Microcap & Penny Stocks : Dynamic Information System & eXchange, Inc. (DIXS)

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To: H-Man who wrote (875)8/6/1998 3:51:00 AM
From: Lawrence Burg  Read Replies (1) of 1084
 
I'm not about to stand up for Marchant. Initial optimistic digs about DIXS have disappointed.

I also appreciate your conservative posture. But, from what I recall reading, you're fairly astute. Do you mean to tell me you'd risk taking a bath somewhere on a 60% spread because "debenture" was mentioned.

I'm not flaming, believe me. Just trying to keep a level head. It's obvious that any form of equity finance is dilutive, by definition. Effects will depend on the terms, and investors. I agree that it's an amateur move to mention something like this, after a long silence, w/o explaining it. My worst suspicion is that Marchant is trying to cover his ass somehow, but it's only a fringe theory.

Regardless, no moves for me until I do investigate. No jumping out the window. I also won't go so far as to suggest others have been suckered.

The market action, or lack thereof, certainly does not reflect the end of the world. I'll allow you to reverse to old American premise of "innocnet until proven guilty", as we're dealing w/money & markets, BB no less, but I haven't left the courthouse yet :-)
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