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Microcap & Penny Stocks : VLVT (was CSMA)

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To: IRVINESULLY who wrote (10342)12/23/1998 10:26:00 AM
From: Richard L. Williams  Read Replies (1) of 11708
 
Sully--
I find that your observations of a small company's life on the BB to be right on the money. Another company that I hold stock in (a lot more than the seemingly-doubtful enterprise known as Coconino SMA) has earnings near 2¢ a share, yet has a 2.9¢ share price.

Why? Because the outfits that promised to properly publicize their success took the stock they were paid and sold it, then failed to do anything that was promised. The bandits know that the client lacks the resources to come after them, so it is easy money.

Are we to rail at the heavens, or just throw up our hands and walk away when the universe doesn't go our way? We see EBAY and AMZN, two companies with OK business plans, but little in the way of surrent earnings, shooting through the roof while the small companies with no hype are ignored.

I digress. What's the guess here, is CSMA going to cancel the spin-off and put Adhatters back into the stock, or what?

Rick
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