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Technology Stocks : Systemsoft Inc. (SYSF) -- Ignore unavailable to you. Want to Upgrade?

To: Jimbo Cobb who wrote (290)	8/31/1996 1:13:00 AM
From: Mark Brophy	Respond to of 3529

Volpe-Welty earnings estimates for Systemsoft I noticed in some of your earlier posts that you referred to a report made by Volpe-Welty concerning earnings projections. They have a web site (www.vwco.com) and they post some of their past recommendations. I compiled all their recommendations on their web site during the period 1/1/95-4/1/96 in the table below: Ticker Price on VW Recommended % Gain Symbol 8/30/96 Price Date ACMM 2 9 11/9/95 -78 CGIX 7 1/2 8 5/8 2/27/96 -13 CSRE 14 3/4 22 3/4 2/22/96 -35 COTL 3 3/4 10 3/8 3/18/96 -64 CKFR 16 5/8 18 3/4 10/25/95 -11 ELCO 5 7/8 7 1/8 1/16/96 -18 GTIS 17 10 1/4 3/21/96 +66 MYSW 4 3/8 12 1/2 7/11/95 -65 NETC 19 1/2 19 1/2 1/13/95 0 PRMO 13 1/2 31 1/2 10/16/95 -57 SWEBF 4 3/4 6 1/8 4/2/96 -22 ULTD 6 5/8 9 3/4 4/3/96 -32 As the table indicates, you've defied the odds by following their recommendations and making money. In fairness to Volpe-Welty, I should note that they've made many other recommendations that aren't on their web site, including SystemSoft. There's a very good reason why most of their recommendations have gone down. All the companies above were taken public by Volpe-Welty during the past 2 years and Volpe-Welty makes a market in most, if not all, of these stocks. When you see a "bid" of 31 1/2 and an "ask" of 32, the market maker (Volpe-Welty) gets the 1/2 point difference. In a high-volume stock like SystemSoft, Volpe-Welty makes a fortune. This is why they create excitement in a stock via their recommendations. Other firms like H&Q and Alex Brown do the same thing, and they help each other out by hyping each other's issues. It's a great racket, but sophisticated investors take their advice with a grain of salt and do their own research.

To: Jimbo Cobb who wrote (290)	8/31/1996 2:24:00 AM
From: Mike Winn	Respond to of 3529

To all folks who want to buy cheap stocks, I remembered back in April, I told a friend of mine to buy IOMG at $30.00 (pre-split). She said it's too high since it was only $2.00 a year ago. Well about 3 weeks later, it went to $60.00 (pre-split). Then, she read about a company named Comparator. The stock has gone from 5 cents to almost $2.00. She wanted to buy that stock because it's "cheap". Fortunately, I convinced her not to buy it. A few days later, that stock crashed to 50 cents before the SEC stopped it from trading. I remembered also back in 1987, I worked with a technician who invested $50000 to buy Microsoft when it just went public. Every year I told her to sell it because it's already "too high". Well, she didn't listen to my stupid advise and still kept all the Microsoft shares until now. I think she is a millionaire now because she just decides to retire. She is only 45 years old. So lesson learned: a stock is never too high unless it has no potential for growth. In this case, SYSF has the support of a lot of big companies such as Intel, Microsoft, IBM ... How can you say that SYSF will have no market for its products? If the PC manufacturers and software co. don't want to spend too much money supporting their customers, they will have to mandate the use of system wizard in the products they ship. And pretty soon, it will become the de facto standard and the customers won't buy their products if they don't come with a system wizard.