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Technology Stocks : ECEC (formerly USSP)

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To: Stuart Cole who wrote (184)4/15/1999 5:03:00 PM
From: THOMAS GOODRICH   of 361
 
Stuart,

You shouldn't get worked up over what people post because much of what's being said reflects the hidden agendas of a few folks who are shorting the stock while most others are long. In reality, a stampede in either direction would be very unlikely because anyone who trades on information sourced from message boards from posters with little credibility without verifying is a fool anyway and probably deserves to lose. I originally purchased this stock at $1.50 barely a couple of months ago and while I believe it's run slightly ahead of itself and has corrected due to some profit taking, I don't blame the shorts because they also must assume considerable risk and oftentimes unwittingly cause stocks to surge. What is repulsive are the few who peruse message boards spewing inaccurate information solely to cause harm to others gullible enough to listen. I am sure you are not one of those. ECEC is probably a great play because in order for it succeed, all it needs to do is capture a sliver of EBAY's phenomenal market share. Just a sliver! Further, this management team is planning a barrage of press releases and as you well know a big splash alone in the Internet sector is often enough to cause considerable movement regardless of a company's financial status. Interestingly, EC's classifieds and services are becoming well-received. So, best advice, if you're in profits just sit back and ride the waves.

/TG
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