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Technology Stocks : IMOT, the Yahoo of China??

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To: dick west who wrote (372)3/13/1999 4:45:00 PM
From: Retired41   of 781
 
Dick, I half way agree that people who keep money in IMOT are being foolish, but I really have a problem with letting the hypesters continue to perpetrate the fraud without being exposed for what they are. At best they are greedy liars trying to bully their way to profits. At worst they are simply criminals.

Still haven't seen any empirical data from unimpeachable sources (big six audited statement with contact). And you know it will not be forthcoming. They would really hate to have such works of fictions de-bunked.

Lastly if they actually put one out through the Florida PR guy it could very well meet the requirements of a fraud. Hype and verbal blue skying is probably as far as we will see them go. however statements released out of China could say anything and nobody could be touched. So watch for the possibility of truly artful and heavily layered B.S.

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