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To: Q. who wrote (647)6/8/1999 11:19:00 PM
From: steve31  Respond to of 1440
 
To John G..In response to your previous post. There is nothing wrong with a company paying to get publicity. The company has every right to get the publicity as much as you shorters have every right to talk bad about the company.



To: Q. who wrote (647)6/8/1999 11:47:00 PM
From: Mark Marcellus  Read Replies (1) | Respond to of 1440
 
Just to follow up, Stockmaker was paid pretty handsomely for their efforts, at least in face value.

StockMaker has been compensated with 50,000 shares restricted for its profile on Net Command Tech

At today's price, that comes to almost $650,000 worth of stock. If they were paid a couple weeks ago (not unlikely, since the heading refers to the company as Corsaire), it was worth over $1 million. Of course it didn't really cost NCDR that much, because they can always print more shares of stock. Since the stock is restricted, Stockmaker presumably can't sell yet, although they may not have been restricted from locking in the price by shorting an equivalent number of shares. Hmmm, could that have been a contributing factor in the recent price decline?

FWIW,

Mark



To: Q. who wrote (647)6/8/1999 11:59:00 PM
From: surelock  Respond to of 1440
 
Why does the SEC make rules and not enforce them?
Seems the rule changes have not affected the touts yet,
even though they are in total violation.
#reply-9849922