Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (17559)	5/13/1998 9:40:00 PM
From: Popiye	Respond to of 34592

The trick is to have two of three input channels onto the very fast bus. Presently the military applications have at least 12 channels of comms of input data running on a 300 Mhz processor. They also can hook four keyboards with a a/b/c/d swith. So it is possible to run totally a 4x4 system. Price about 25K. Presently, you can buy two complete systems with 166hz for about 2k. Thou the 2k will destruct during a nuke attack:)

To: TokyoMex who wrote (17559)	5/13/1998 10:39:00 PM
From: James Wright	Respond to of 34592

Well, well, well . . . It looks like the LionMaster (an alias used by a hypster on Yahoo) and his groupies have been unmasked. Will TokyoMex be next? As an article in today's online WSJ makes clear, Messrs. Ko (alias LionMaster), Marek and Carnes buy low float, low priced stocks (using their combined assets of around $1.7 million), which drives up the volume and the price and thereby makes it look like the stock is on the move. They apparently then continue to manipulate the price by pumping the stock through hype on the Internet, which encourages others to also buy and drives the price even higher. Then they dump on the rise and leave naive investors holding overpriced stocks when the price subsequently crashes back to reality. I knew that a reporter was doing a story on the three, and had been contacted before hand. I kept my mouth shut, however, because I didn't want to tip off the hypsters. (By the way, the WSJ article is posted on the Yahoo LEAP board. It also is posted on the Three Amigos thread here on SI.) Although I'm not a securities attorney, stock manipulation sounds like it might be illegal to me. Those who previously were hurt by Messrs. Ko, Marek and Carnes with LEAP and other stocks ought to consult a good securities attorney to see if you have a valid claim against them. In fact, there may be grounds for a class action suit by investors. I don't say this lightly -- now that you know the identity of the hypsters, you may be able to recover damages (although this needs to be confirmed by a securities attorney) and by doing so can help stop future hype campaigns. (I'd love to join any such suit, but I didn't suffer any damages because I originally bought LEAP -- which also was hyped by TokyoMex -- at 2 1/8 before the hype and have not been caught in any subsequent hype campaigns.) The WSJ article should help keep the SEC focused on the pump and dumpsters as it investigates apparent Internet scams. Hopefully, if private suits can be filed and the SEC does its job, we can start cleaning up the Internet and protect future investors. Also, please don't bother protesting to me about this post, Messrs. Ko, Marek and Carnes -- or TokyoMex and his profanities, for that matter. It will fall on deaf ears. -- Jim Wright