SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Universal Medical Sytems (UMSI) -- Ignore unavailable to you. Want to Upgrade?


To: HRAKA who wrote (480)12/11/1997 3:29:00 PM
From: ARCHIE P.  Respond to of 1672
 
I think I fluashed 25,000 bucks down a rat hole. Hope the rats enjoy the welfare payments. Can you believe the stupidity of Mike Baker if what Laurens says is true. What a jackass this man must be if this negative info received today is true. If it were not for ABTX, I would be on Kostech like stink on dodo. I would demand a refund, and I would probally get a finger for my troubles. Well pals, I think were going in the tank on this one, just hope it not a crap trap.(:-)).....Archie



To: HRAKA who wrote (480)12/11/1997 7:13:00 PM
From: Wally  Read Replies (1) | Respond to of 1672
 
Hraka (and to the drowning rats)
You and I seem alone here in suggesting the POSSIBILITY of a positive future for UMSI. Perhaps we've had our money stolen, but maybe the STOCK is now a steal.
The company may be run by crooks, or fools. However, even great management couldn't mitigate damage done by horrific & unsubstantiated rumors - coupled with massive shorting by those same libelous party(s). This stock just might be the victim of fraud rather then the perpitrator of same.
Wherever the truth lay, year-end tax losses have certainly helped dig UMSI into a deeper hole.
The answer to UMSI's future will be, in part, the financials - not so much by the numbers they'll show, but by whether or not the company actually posts them this time. The $5 Mil loan showed promise.. But now.. Positive, Negative or In-between - the company MUST show ANY financials if its ship is actually meant to float (rats & all).
regards,
Wally