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Microcap & Penny Stocks : Auxer Group (AXGI) -- Huge revenue growth w/ new contracts

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To: nick pace who wrote (563)1/7/1999 7:40:00 PM
From: dch  Read Replies (2) of 1664
 
COMMENT:

Precisely the kind of promotional rhetoric that got me into this one over a year ago. Can't prove or disprove any of it but projecting big numbers into the year 2000 screams "caveat emptor" to me. I've seen that kind of crap from, or regarding, OTC/BBs too many times.

Do I want the share price to appreciate? Of course. But I'd rather that the company turn out to be legitimate and profitable than a vehicle for the unscrupulous to collect cash from the gullible. Buy more shares based upon what a Yahoo poster advises? I don't think so.

If we see "big" news next Monday and Wednesday, I will want to know how and why the "source" got this information. I know from experience that if a company lets only a few people know just when news is going to be released it is (or should be) an automatic red flag for investors, though it no doubt serves as a green light for day traders.

Gee. For only $10,000 I can own one percent of the AXGI? Wow! That is so very tempting! And of course, represents the most logical reason of all for investing cash in this cow. Come on. Doesn't that spell HYPE?

AXGI needs to "show us the money" if they (or anyone else) want(s) us to buy (more) shares. The new SEC requirement will make or break this one. Looking back, I would expect it will break AXGI. Looking forward, I hope it makes it--but I'll be surprised.

--dch (All in my mumble opinion.)
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