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Microcap & Penny Stocks : Bingo.com Ticker BIGR (formerly BIGG)

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To: Baz Luhrman who wrote (259)2/7/1999 8:46:00 AM
From: Janice Shell  Read Replies (1) of 1119
 
Thanks though...you actually got my blood going with that silly comment

Diz's comment isn't silly at all. I could tell you numbers of stories about shareholders who paid visits to the company and came away enthusiastic. One of those companies was MTEI. Back last summer a group of seven supposedly well-informed investors made a trip to Houston. They were graciously received, spent several hours talking with management, and came away with a postive impression.

About three weeks later the SEC halted trading; a couple of weeks after that the company went out of business. I could, as I say, cite other examples, less extreme, but nonetheless indicative of the fact that in these circumstances management tells you want it wants you to hear.
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