Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Don Pueblo who wrote (32134)	2/9/2000 7:00:00 PM
From: Eric	Respond to of 77397

Man I thought I had heard everything! I'm on the floor laughing so hard I can't stand it. Chuck, If you need help we are here to help. <gg> P.S For all your information those stocks at that website do not exist in real life! Look closely!

To: Don Pueblo who wrote (32134)	2/9/2000 7:03:00 PM
From: ISOMAN	Read Replies (1) \| Respond to of 77397

TLC keep trying to log on...this Stockgeneration is a pyramid...a ponzi scheme.. look: THE BASIC RULES OF SG 1. SG operates non-stop, 24 hours a day, 365 days a year. 2. There are 11 virtual companies' shares on the market. 3. There are 3 types of companies: Ordinary Companies (1- 8), Privileged Company (9), High-Profit and High-Risk Companies (10,11). 4. The Ordinary Companies (1- 8). The share prices of these companies change chaotically from the point of view of the players - almost like in a real stock exchange. They are as likely to rise as they are to fall (in line with changes in the stock exchange). However, no shareholder can lose more than 5% of his/her invested capital in any one round. 5. The Privileged Company (9). The share price of this company is supported by the owners of SG, this is why its value constantly rises; on average at a rate of 10% monthly (this is approximately 215% annually). In order to ensure this monthly increase, SG has established a Special Reserves Fund, into which a certain pre-determined amount of the exchange's revenue (the 1.5% commission charged on every buying/selling transaction) is continuously added. A fall in the share price of this company is theoretically possible should the following situation arise: panic breaks out in the Stock Exchange and demand for all of the shares on the market ceases, in other words the Special Reserves Fund dries up. But even in this unimaginable situation - there has never been an event like this in the history of SG – the share price of Privileged Company (9), under the rules governing the fall in prices, cannot fall by more than 5% in a round. There also exist auxiliary stabilization funds, which ensure the normal operation of the exchange and guarantee liquidity in any scenario. 6. High-Profit and High-Risk Companies (10,11). The description of these companies is self-explanatory. The share price of these companies increases very fast - over the past few months at a rate of 50% and 100% per month, respectively. However, in theory their value can fall just as fast. The round-on-round decrease for Company No. 10, can be as 50%, i.e. the shares could suddenly lose half of their value. In the case of Company No. 11, there is no such limit, which means that the share could become total worthless. By the way, to date this has never suddenly occurred. If you pay close attention to the statistics relating to the transactions of these companies - click on the number of the companies next to the YESTERDAY'S TRANSACTIONS - you will be able to anticipate the moment, if such a moment will ever occur when demand begins to fall and when you should stop trading and take your profits. Especially since you can do this at any time. 7. The shares of all virtual companies (1-11) have 2 prices in SG: (a) BUY price - this is the price at which you can buy these shares from SG; (b) SELL price - this is the price at which you can sell these shares to SG. SG derives its profit from the difference between the BUY price and the SELL price. The share prices companies are set by the owners of the SG Exchange according to conditions on the Exchange. 8. SG guarantees you that you can always buy any amount of shares from it at the current BUY price, and sell any amount of shares to it at the current SELL price. 9. The share prices of the Ordinary Companies change twice daily at 00.00 and 12.00 GMT. The share prices of the Privileged Company (9) and the High-Profit and High-Risk Companies (10 and 11) change twice weekly on Tuesdays and Thursdays at 00.00 GMT. You can see the share prices by clicking on the SHARE PRICES icon on the main page. 10. There are no conditions governing how long a shareholder can keep his / her shares. Players have the right to sell their shares immediately after buying them. Also, they hold onto their shares for as long as they like. 11. The minimum pay-in is 1 USD, there is no maximum. New! As of May 25, 1999, the maximum limit for a single deposit has been decreased to 30,000 USD. __________________________________________ If you wish to see a copy of the complete rules, click here. We wish you the best of luck!

To: Don Pueblo who wrote (32134)	2/9/2000 7:06:00 PM
From: ISOMAN	Respond to of 77397

GOOD GOD! SG - IDEOLOGY At first sight it might appear that in contrast with a real stock exchange with its real stocks of real companies, SG, the Virtual Stock Exchange with her unreal virtual shares of virtual companies, represents something that is not serious and deserves no due attention as an object of possible investments. However, that is a far from being the case. Of course, on the one hand SG is just a game. But on the other hand, isn't an ordinary exchange essentially just a game too? In addition, in contrast with SG, one without any real rules or guarantees whatsoever? Yes, naturally, these rules and guarantees are in fact in place theoretically, no question about it. But in reality they often turn out to be so complicated and incoherent, dependent on such a large number of very diverse and often totally unpredictable factors, such as the political situation in the world, the situation on the world share markets, the state of affairs in the particular area of business of the company whose shares you have acquired, the situation within the company itself, and so on and so forth that it practically becomes entirely hopeless for the ordinary investor. In reality it turns out to be absolutely impossible for a non-professional to figure out these factors and try and take into account something at least. On one beautiful day you simply lose all your money suddenly, and then it is explained to you in a qualified and professional way how and why it happened. This much about the "rules". - And what about the "guarantees" ? - you may want to ask. - But have you been cheated in the process? Was everything done honestly? That's what our "guarantees" were all about. But the fact that you were unlucky is not our problem! - So I might have been cheated after all! I wonder how once I have lost everything anyway. It is familiar, isn't it? In any case, there is no need to go on, since the present crisis has already clearly demonstrated to all the genuine value of exchange "rules" and "guarantees". And simultaneously that of the stability of the entire world financial market. Nothing of the like exists or is possible at the SG Virtual Stock Exchange, since in no way does SG depend on political or world financial upheavals. Let the real world be bothered with crises of all kinds! In the virtual world of virtual companies, SG, everything is always stable and calm. There are no disasters, no catastrophies here. Virtual companies doing virtual business can never go bankrupt. Their virtual managers can never get involved in any kind of financial scandals. They can be fully trusted. SG is a real island of financial stability in our unstable world. That's because like at any exchange, the situation at SG is fully determined by the balance of the buying and selling of her virtual shares. But at the real exchange this balance constantly and chaotically fluctuates. That's because the real stock exchange is an inseparable part of the entire world financial system and is consequently extremely sensitive to any events, even those quite unexpected and seemingly distant from the world of business. And this is what makes its operation almost totally unpredictable. SG on the other hand is fully independent of the real world. In SG's world of virtual companies there are no extraordinary events, and therefore having formed once, the balance of buying and selling at SG will remain unchanged for any length of time. The curse of any financial system is panic. But there can be no panic at SG, since one day of business is in no way different from the other. So if there was no panic yesterday, it can't happen tomorrow. Because how is "SG yesterday" different from "SG tomorrow?" The SG Virtual Stock Exchange is in fact the only example of its kind in terms of being a totally stable financial system. She is fully protected from any outside interference and is practically unaffected by it, since the virtual game format deliberately chosen by her inventors has made it possible to isolate her fully from the outside world and make her virtually autonomous. Doubts concerning her fitness for life could only emerge at the initial stage when it was unclear whether she would start working at all. But since this has already happened and a real balance of buying and selling has in effect come about, she can function in this framework without any extraordinary events whatsoever for any length of time. Therefore, the security of her players can today be considered virtually total. Are you a player of SG? Yes? Not yet? In any case