SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Podsiadlik who wrote (3624)7/22/1999 11:42:00 PM
From: Francois Goelo  Read Replies (2) | Respond to of 10354
 
This may actually concern Flodyie, aka, TruthBasher....

To: SSP (4768 )
From: CIMA
Thursday, Jul 22 1999 3:36PM ET
Reply # of 4790

NEWARK, N.J..--(BUSINESS WIRE)--July 2, 1999- Recent reports of bashers operating on the Raging Bull and Silicon Investor boards have led to multiple lawsuits. In most of these lawsuits, the bashers of the stocks in question have simply been working to make money when they successfully lower the price of the stocks, called shorting the stock. Short sellers are investors who sell borrowed stock hoping to buy it back later at a lower price and pocket the fference. Such people could profit from "bashing," or
criticizing, a stock in an online message board if their comments pushed the stock's price lower.

However, in this new development, a basher identified in one document as "boxer101" has been found to be in the employ of competitors of the companies he is bashing. Working with evidence of posts taken from the Raging Bull and Deja.Com boards, it appears boxer101, unnamed at this time, will bash stocks who belong to the competition on these boards in exchange for free stock or actual cash reimbursement for every day that the competitor's stock is held at or lower than the price of the previous day.

The Attorney General for the state of New Jersey is urgently gathering evidence in this case. It was hinted by someone in the Attorney General's office that this case may be presented to a Grand Jury in the next two weeks with indictments expected one week after that. Our source also confirmed that as many as five defendants as expected to emerge from the Grand Jury. "We are expecting this to open up a very large ring," said the source on the condition of anonimity, "and do not expect it to end with the state of
New Jersey."



To: Kevin Podsiadlik who wrote (3624)7/23/1999 8:44:00 AM
From: jjs64  Respond to of 10354
 
Kevin;

I found this post especially humorous....

Laurens (1693 )
From: Francois Goelo
Thursday, Jun 3 1999 3:06PM ET Reply # of 1875

Made up on my DCHT loses by investing in XNET at 42 cents. Within 6 weeks...the stock was at $6.50 and I made about 1400% on it. When did you last have a similar opportunity with DCHT? It was at 75 cents recently and before you know it, you may see 50 cents, mainly due to the fact that weaker stocks get hammered worse in down trending markets.

F. Goelo + + +


FG seemed to forget to mention his private placement at $1, made just weeks before this post....

Buyer Beware!



To: Kevin Podsiadlik who wrote (3624)7/23/1999 8:47:00 AM
From: jjs64  Read Replies (1) | Respond to of 10354
 
Kevin;

This one is pretty good too, just 3 days after buying stock at almost a 70% discount to market, our good friend FG writes this little masterpiece....

To: FFNEODOC (861 )
From: Francois Goelo Saturday, May 22 1999 6:22PM ET Reply # of 1117

FFNEODOC, great news for a refreshingly hype free Company: XNET...
Salient points:
+ Already profitable ISP and ICP (Internet Content Provider)
+ Staff increase to 65+ and growing.
+ New Licenses applied for in addition to the six already granted.
+ Free English Internet teaching in collaboration with Eduverse.
+ Subscribers should reach close to 40,000, end of 1999, in my estimation.
This is excellent for XNET, thanks for the heads up Frank.
Regards, F. Goelo + + +


Hype-free....I like that part....

Buyer Beware!