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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: KLP who wrote (4747)	2/9/2005 5:29:51 AM
From: Walkingshadow	Read Replies (1) \| Respond to of 8752

Hi KLP, That's concerning. There are only about 1 or 2 million shares available for trading. MMs are required to maintain inventory in order to ensure liquidity. That suggests that more shares may have to be issued to satisfy these requirements. Obviously, that would not be advantageous to present shareholders. Nice to know your husband's views, but basically you are saying they have a good product and a good story. And we all know that this is not sufficient or even necessary for stock appreciation. I remember trading SCMR the day they went public in the heyday of IPOs about late 1999 I think. At the time, they had no product, no customers (except a rumor of a maybe future customer), and obviously no revenue. It wasn't even clear what their product would actually be, or whether it would work. Some called it a "black box." It was pretty mysterious and SCMR was rather secretive and vague, but it sounded cutting edge and exotic. But they had hype and reputation (management), and the IPO was anxiously awaited. They were kind of legendary before their time. They were supposed to price at about $30 as I recall, but that got upped to something like $48 the night before they started trading. Well... that didn't happen. They OPENED at $275, and traded over $1000/share in early trading before closing at $800 or $900 I think. They are still over 98% off their all-time highs (after a number of stock splits), which I believe occurred within the first month or two of trading. 139.142.147.218 On the other hand, I know of some companies (e.g., CPST and similar digital power/alternative power-related companies) with technology and intellectual property that would knock your socks off, but they have gotten trashed by the market. So, I am always skeptical of stories. T