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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?


To: Mahatmabenfoo who wrote (3129)2/26/2002 2:24:39 PM
From: Crossy  Read Replies (1) | Respond to of 37387
 
Charles,
if you want the last word you can gladly have it..

To me GTSM is just a position that didn't materialize. And I see no point in alotting time to an avenue that didn't work out in the past. Judging from what you uncovered comedy show is probably an understatement and fraud probably an overstatement. The fact that it was lacking revenues back them led me to regard it as a venture type. Well ventures can fail...

rgrds
CROSSY



To: Mahatmabenfoo who wrote (3129)2/26/2002 4:28:37 PM
From: Crossy  Read Replies (1) | Respond to of 37387
 
Charles,

"I still cannot determine whether their compound semi process is any good or not. I however realized that if it were any good, payoffs would be handsomely and so I bought a position"

well if you don't like my way of investing - ever heard of "real options" (??) - then you needn't take it up. Many a biotech is similar - just an idea of a process and a small "bag of cash". I remember reading the most recent 10K of GTSM back them. They even obtained financing. That made me more comfortable with it.

"You speak grandly about still working to "determine" whether GTSM's semiconductor process is "any good" when the company is obviously a snake-oil love-potion fake of the first order."
-> in fact I'M NOT WORKING ON THAT AT ALL, all I implied was to say I have no opinion, pls. don't try to split hairs here. The company said "we can do", you say they lied. How should I know ?? All I do know is nothing usable came out of GTSM - as of now. But why should I care so much about it if I have no position in GTSM anymore ??

If you have a problem with GTSM I may suggest to take it to the company. Maybe you realized that won't help. I did that long ago and literally "wrote off" the small loss and moved to the next promising opportunity..

CROSSY