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To: Bill Harmond who wrote (88004)12/19/1999 5:41:00 PM
From: re3  Respond to of 164684
 
its not that i think its a stock scam or its not a stock scam , rather its a win win set up for the early birds...

you should get a book on the Eaton family, our closest thing to royalty up here...Glenn might be interested too !
they took a their company public at 15 smackers canadian, a year and a few months later, they were belly up...

wonder why they sold stock ? they ditched the appliances and hard goods and tried to compete selling expensive threads...i knew it was a crock from the get go...

you think they give a fig...you think they feel badly ?

you want the name of the book ?



To: Bill Harmond who wrote (88004)12/20/1999 3:07:00 AM
From: KeepItSimple  Read Replies (2) | Respond to of 164684
 
>The difference between us is I believe these men and women are building
>lasting businesses and you think it's a stock scam.

Hey William, you pontificating fool, how many high level execs or CEOs of public internet companies do you know? How many do you drink beer with on weekends? Where exactly in silicon valley do you live?

The vast majority of internet companies created in the last 2 years were created for one reason only- to go public and sell stock. None of them care about making a profit, the only thing they care about is keeping the company alive until their vesting period gives them enough to retire at 30 or move on to the next kleiner engineered scam.

There's really only two choices- either you're too ignorant to know what is actually happening inside these net companies (and by that i mean more than reading press releases/analyst STRONG BUY recommendations), or more likely you know these stocks are frauds but you're nothing more than a salesman and cheerleader- a self-annointed pseudo-analyst pimp who will praise even the most shameless of fraud.com's as long as he thinks there's another buck to be made. You seem like a reasonably intelligent guy- my bet is on latter.