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Biotech / Medical : Harvard Scientific (HVSF)Hot$$- male impotency medicine -- Ignore unavailable to you. Want to Upgrade?

To: RAP who wrote (2554)	1/7/1998 12:18:00 AM
From: Gary Korn	Respond to of 3906

RAP, Had I read the 10K on this company before I invested (big mistake in failing to do so), I wouldn't be using this puppy as a tax loss. As it stands, since my shares are essentially worthless, I'll hold them until they go to zero. In the off chance that this stock sees 1 again, it may be worth it to sell. I want you to know that I appreciate your comments. You apparently did a service to all by advising of the problems with this issue. Unfortunately, I bought before I found SI. Now, it is one of my first sources of information in my due diligence before buying. No use beating up on those who had faith in the stock, though. It is water over the damn that they (and I) made a mistake on this one. Gary Korn

To: RAP who wrote (2554)	1/7/1998 2:15:00 AM
From: space cadet	Respond to of 3906

RAP, yes of course hvsf is a scam. But it is the stupidest most obvious scam in history. To repeat a post of mine from many many months ago (last spring) here is a company without any product, any market, any plan. Anyone who invested in this company obviously did it because of some "hot tip" or similar reason. Obviously, no one who bought shares looked into it at all. That's why SI is a godsend, people too lazy to investigate (which includes me, I admit) can read the warnings of people like you and me, who can spot a scam when they see one. As to various people being part of the scam, no that isn't necessary. If someone gets paid to investigate some medical substance, that's fine, that doesn't mean they are part of a scam. It's the hypesters and businesspeople who ran the scam, not any scientists they might have funded. By the way, I warned everybody on this thread when hvsf hit 1 and sold a ton of stock offshore that this stock was definitely going to collapse. It always does in that situation, so I hope everyone here at least took my warning and saved themselves some grief. Of course, if you are a day trader hvsf may be a good play, but I'm not that fast on my feet, personally. I was just trying to warn the guy who looks at hvsf and says: here's a $1 stock that once was $9, maybe I'll take a shot. Incidentally, as a final prediction I believe that once viagra does indeed appear this stock will either disappear completely or at the very least go under 10c. In fact, I would think there is an excellent chance this stock will be under 1c, that's right less than a penny!