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Technology Stocks : IMOT, the Yahoo of China??

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To: johnlag who wrote (591)3/18/1999 10:19:00 PM
From: Elllk  Read Replies (2) of 781
 
jlg

I appreciate your very articulate response and would never have guessed you were working through a green haze. Its clear you got through the days endeavors intact, at least, so top o the evenin to ya and later may those gentle little creatures nestle on your eyelids.

I understand your basic argument and am sure it is a prevalent modus operandi on BB. But this is a tough one to figure, it seems to me. The looming potential of China makes this situation unique. My point has been that the insiders can make a lot more money by pursuing genuine development of their company and current position. Why run a low level second rate scam when they can do infinitely better?

I also wonder why you and others who know the nature of BB manipulation are so comfortable being short IMOT. Long you can lose what you wager, short you can lose a lot more. Even if IMOT is a scam, it could also work the other way. With such a low float (or is it?) how can you be sure you will not get caught in the mother of all short squeezes. I don't say this in a hostile or angry manner but out of curiosity and in the spirit of continuing to try to understand this fascinating puzzle.

Larry
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