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Technology Stocks : Copytele - Another XEROX in future -- Ignore unavailable to you. Want to Upgrade?


To: David Coakley who wrote (1102)11/13/1997 7:47:00 AM
From: Wallace Rivers  Read Replies (1) | Respond to of 1320
 
Dave:
But this has been a development stage company for well over a decade! Your patience is admirable, if you have the stamina to wait for the company to bring its vision to life. It just seems to me that there should have been some results by now, particularly when it appears there are products out there which leapfrog Magicom's capabilities, and at attractive price points.
As to short sellers being culprits, IT GOES BOTH WAYS. There are far more instances when longs try to "manipulate" stocks in their favor.
If you've lost money with Solv-Ex, that's unfortunate (I rode a company called Martech to 0 a few years back, and it was in Forbes list of best small companies), but you should try to learn from it. Don't merely trust those you consider to be honest (they can be 100 % wrong, despite their intentions). Do your own due diligence, and don't lay the blame at the feet of those who disagree with you (i.e. the short sellers).



To: David Coakley who wrote (1102)11/13/1997 10:27:00 AM
From: Tim Kenney  Respond to of 1320
 
David, I have one word to say and that word is "Yawn"



To: David Coakley who wrote (1102)11/13/1997 10:35:00 AM
From: Dan Packer  Read Replies (1) | Respond to of 1320
 
David Coakley, your faith is admirable, but misplaced. Copytele is A DEVELOPMENT STAGE company in words only. Their patents cover technology that has been surpassed by the rest of the flat panel display industry. They are the moral equivalent of a buggy whip company, working on a new design buggy whip after no one uses buggies any more.

To confuse the issue, they have promised to sell huge quantities of a fax telephone to people everywhere but Europe or America. ie, people who cannot give feedback to their shareholders. Early last spring, they issued the first in a string of promises to SELL, not DEVELOP this phone. So far they have announced no sales. I'm ready to pronounce their sales efforts a failure.

One is forced to accept the fact that all Copytele has to sell is stock certificates. Who is buying them?

I assume that David Coakley is a major buyer; I assume on faith alone.

Good luck, Solvex Man.




To: David Coakley who wrote (1102)11/13/1997 11:37:00 AM
From: Tim Kenney  Respond to of 1320
 
>Tim: How do you define shilling?<

David, I sincerely apologize for the accusation. I thought I was giving you the benefit of the doubt. Signed, Mr. Happy



To: David Coakley who wrote (1102)11/22/1997 9:46:00 PM
From: BelowTheCrowd  Read Replies (1) | Respond to of 1320
 
COPY has existed for more than 10 years. In that period they have not even demonstrated a prototype.

They have announced "agreements" to "sell" their "product" in all sorts of places including Algeria, Egypt, Russia and a number of other third-world countries whose financial disclosure laws either don't exist or don't support independent verification of the "agreements." So far they don't seem to be targeting either Europe, the US, or the technology-saavy Pacific Rim countries for their "breakthrough product." Doesn't that seem odd?

Finally, I wouldn't come down too hard on the short-sellers. Short sellers certainly account for a nice percentage of the shares sold over the years, but not that much anymore. It's virtually impossible to borrow the stock even if you want to. (I do)

The major sellers of stock these days are the insiders, who are nice enough to take no salary until a product is introduced, but regularly sell hundreds of thousands of dollars worth of stock from their own holdings.

Also, if this is truly a development stage company, please point out the R&D they are doing. I've invested in many such companies, and they usually have a BIG R&D or Sales&Marketing item on their income statements. In the case of COPY, it's hard to say that they actually have any developers!

Anyway, I can't get any to short, so I'm sort of neutral, always watching from afar just for fun...

mg