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Microcap & Penny Stocks : TASA. Can someone with KNOWLEDGE help!!!! -- Ignore unavailable to you. Want to Upgrade?


To: Ralph Bergmann who wrote (66)12/4/1997 5:58:00 PM
From: Bob Davis  Respond to of 601
 
Ralph,

Lord no....I know it was not a personal attack, and I hope that I did not sound as though I was venting my spleen in my reply, because I wasn't.

However, I did want to make a specific point about investing styles, and your reply is helping me continue this thread somewhat.

In your reply you cited "this stock (I already forgot the name) which climbed by a factor of 30 in one day, because they licenced this finger print recognition system". I believe the stock was Comparator Systems, and I also seem to recollect some element of fraud in the entire affair. I suspect that most people who jumped into that move ended up losing money.

You also mentioned "ZE (factor 2.5 in 1 day) when they announced that they want to produce modems." Once again, a stock that suddenly burst upward, strictly on a "story", only to fall back again. Once again, most were losers on that one.

You ask "Do you think there is similar announcement possible which could lead BMLS to a similar movement?" Realistically, I have to answer that I strongly hope that this does not happen, either to BMLS or to TASA.

Bob Davis