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Technology Stocks : Socrates Technologies: NASDAQ: SOCT

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To: Crusader who wrote (30)3/11/1999 9:51:00 PM
From: stock leader  Read Replies (1) of 53
 
I made money on SOCT back in December, but I would not
consider getting back into the stock at this time. What
annoys me with this company is how they had $14 million
in investments for their 3rd quarter, but only one
quarter later they now only have about $1 million. This
must be due to their reckless investment in E-net, which
is a junk stock. It would make me angry as an investor
that the scum management put all MVSI's IPO and warrant
cash proceeds into worthless garbage stock. They put it
all into E-net apparantly. and E-net has been tanking
recently. Take a look at their 10-K, they show an
unrealized loss of about $5 million on their
investment... What a way to burn the shareholders who
supplied them with this money...

I was very positive about SOCT/MVSI back in December and early January, but now would be very ticked off if I owned it....
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