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Technology Stocks : SFLK

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To: GemSeeker who wrote (483)2/9/1999 6:57:00 PM
From: Eric Fader  Read Replies (1) of 1591
 
BAAAAAD analogy G.S. Astoundingly bad, in fact. If I remember correctly, GRNO put out vague releases describing supposed contracts with companies that no one had ever heard of, with no substance apparent behind the announcements. The company's failure ever to produce anything substantive certainly validated the SEC's action. It was pretty much the same thing with Solucorp (SLUP) and any number of other halted stocks like OMGD, OVIS/RMIL, and of course SEXI. SOFTLINK IS DIFFERENT. SFLK has products that people have seen, touched and used, and verifiable agreements with legitimate entities. Unfortunately, they also have a PR firm with the brazen "we can get away with it" mentality of Saddam Hussein invading Kuwait. I hope management of SFLK is smart enough, and has enough belief in the company's own products and prospects, to have told International Buying Power that promotion is nice, but out-of-control hype ("WATCH FOR OUR GREAT PRESS RELEASE COMING OUT TOMORROW!") is to be avoided if the company is to be taken seriously.
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