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Microcap & Penny Stocks : ECNC (OTC:BB) - eConnect -- Ignore unavailable to you. Want to Upgrade?

To: Jorjenzak who wrote (783)	8/4/1999 10:57:00 AM
From: Fli-by	Respond to of 18222

Sorry for the late response but this was in todays paper dealing with fraud tips. Fli August 03, 1999, 08:24 p.m. Fraud tips Tips for investors from the Securities and Exchange Commission for avoiding stock fraud. Before investing in small-company stocks, the SEC advises: · Be aware that many small companies do not file periodic reports with the SEC, making it difficult to get information about their management, products, services and finances. · Call your state securities regulator and ask whether the broker and his or her firm are licensed and if there's a record of investor complaints or fraud against them. To locate your state regulator, call the North American Securities Administrators Association at 202-737-0900 or go to its Web site at www.nasaa.org. · Check independently the truth of every statement about the company, especially those made in news releases or newsletters and on the Internet. · Don't fall for promises of quick profits or guaranteed returns on investments, or be pressured into investing before doing research. · Get a free copy of the SEC brochure, "Microcap Stock: A Guide for Investors," available at the agency's Web site at www.sec.gov or by calling 800-732-0330. Associated Press