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Microcap & Penny Stocks : VLVT (was CSMA)

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To: jan_mike who wrote (10436)1/6/1999 4:44:00 PM
From: Richard L. Williams  Read Replies (1) of 11708
 
Hello, Jan--
While I am sure that there are a lot of scam artists running penny-stock companies (Oilex having the King of Crooks until April of 1998 made it finish last, as you see), I feel that the majority of them are run by honest, well-intenetioned people.

I still include CSMA among them, despite the best efforts of persons on this thread to degrade and slander the management of this company. I can't say that I really know what is going on behind the scenes, but the acid spit out by persons like Paul D. and others cannot be due to what I am aware of on the surface.

I think the entire market has turned away from the small companies to heap riches upon the large in this bull market. When this will change, I haven't a clue, but given time, things will turnaround.

For example, look at AMCI...up 73% today...somebody knows it was worth more than 29¢, and bid it up...I think once people start looking for bargains, they will see that the only place they exist is in the OTC:BB arena.

But I sure hope they tread warily...I learned a harsh lesson last year.

Good luck to us all in '99!

Rick
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