To: LPS5 who wrote (671 ) 8/19/2000 10:32:51 PM From: Eric Fader Respond to I'm watching this discussion with interest and would like to try to bridge the schism between the factions a bit. Of course, the vast majority of the RB conspiracy theorists are buffoons (although Voyager certainly does not appear to fit in that category). But the problem is not that they buy stocks on the OTC-BB -- it's that they buy the ones that are being promoted, and lack the experience to do proper due diligence (and by that I don't mean simply reading the press releases and calling IR <g>). There is no shortage of quality companies on the BB, many of which are at least intermittently profitable and many others of which have innovative technology and may eventually become successful enough to obtain a listing. Anyone here can run a screen to find the ones with PE's, or scan press releases to locate, and then research, the ones with "big ideas" that just might work someday. I trade through a MM, have concentrated on the OTC-BB for many years and consider myself an experienced investor and trader. I enjoy trading the BB because IMO it's much easier outsmarting the RB types than sharp NASDAQ traders and institutions, but I consider myself an "investor" in other BBs that I am quite confident in.
