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Technology Stocks : Crys*Tel Telecommunications.com, Inc. (CYSS) -- Ignore unavailable to you. Want to Upgrade?


To: Chief who wrote (285)7/20/1999 5:42:00 PM
From: Frank Walker  Read Replies (1) | Respond to of 338
 
Chief, you are just making the stock promoter's standard pitch: buy this stock because you say it will go up.

What has the company done to justify your admiration ? They have written some press releases, but they have done NOTHING significant that can be confirmed: no revenues, no profits, no system in place to let the public make those long-distance IP phone calls.

And the March 30 announcement about buying $1,000,000+ of hardware from Nokia seems to be untrue.

Why would you have confidence in a company that has done nothing it said it would do, a company that may have deliberately put out a false press release?

If you are going to answer just one of my questions it would be this: why would you have confidence in a company that was owned by the same people and was located in the same residential house that was used to run a pyramid scheme to sell shares in a claimed "gold mine" to gullible investors in Italy? Doesn't this make you at all suspicious or worried that just maybe CRYS-TEL IS A SCAM ? Any reasonable person would be concerned about the pyramid scheme. If you are not concerned about this, you are either very gullible, or you are part of the scam.

As to why I am bashing this stock: if you saw a bunch of con artists going around your community, promising to fix the roofs of the houses of your senior-citizen neighbors, for say $50,000 each, wouldn't you be concerned? Most people would want to run these creeps out of town or throw them in jail. The people behind Crys-Tel are the same as the crooked roof repairmen, IMO. They want to crank the price of the stock up and sell as much stock as possible to gullible investors. Crys-Tel will never make any profits, and will never be more than a series of worthless press releases, so the stock price will eventually be zero (worthless). Crys-Tel is just the fictional story that is needed to extract money from unsuspecting investors. Obviously I am bashing Crys-Tel to warn investors that they should not buy this stock.

Warm regards,

IlikeGorillas

PS the full list of reasons to NOT buy this stock will be posted later this week.