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Technology Stocks : GALTECH SEMICONDUCTOR MATERIALS CORP. (GTSM) -- Ignore unavailable to you. Want to Upgrade?

To: Mahatmabenfoo who wrote (250)	7/8/2001 4:29:28 PM
From: Mahatmabenfoo	Respond to of 394

CBK FRAUD TESTER: Official first version of soon to be famous questions CBK -- SCAM FACTORS -- version 0.9 The existance of one -- or all -- of these factors does not prove a company is a scam, but the more factors, the more likely a scam. This is a personal list I just made up, and is subject to revision. Anyone have suggestions for additions? what factors give YOU the first hints of a scam? Promises "breakthrough" (something dramatically better than preexisting products, world changing, etc.) (a big breakthrough is always possible, but the smaller the company claiming it and the smarter the competition, the less likely the breakthrough is practical or real) Examples: GTSM, TXMC, ECO2 (TIRE) Company sells a bizarre mix of products Examples: WTHL (mortgages and anti-hair loss) GTSM (semiconductors, anti-crop fungus, magic electric motor) Company sells products historically associated with failure or scam: Examples: WTHL (hairloss cure -- one of the most ancient of scams) (and that includes Minoxidil) TXMC, ECO2(TIRE) -- tire recycling Big deal announced in exotic counties (China, Russia, Vatican) contrasted with few or no deals in this country Examples: TXMC, ECO2(TIRE), WTHL Company is located in Florida (one of the states that allows you to keep house after bankruptcy) or in Canada (sorry, just my personal bias): examples: TRKR, TXMC Old news releases with specific big promises that didn't come true: examples TRKR (1995 multi-state launch, SONY-real agreement, SONY "beta", Florida "rollout") GTSM ($10M for motor, PR about having production facilities for semiconductors, test that never completed) TXMC (endless letters of "intent") Past history of fraud or suspicious activity TRKR (FTC & credit card scam) GTSM (mysterious fires destroy factory and records of technology) TXMC (lawsuit alleging rubber crumb sales are phony -- tho' that claim later dropped) Online defenders giving demonstrably false or inaccurate information Examples: TRKR (SAM-DAN's nonsense about TRKR patent) GTSM (hypsters spill "inside" secrets about imminent sales) Charles Kramer