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 : International Automated Systems -- Ignore unavailable to you. Want to Upgrade?

To: John Ke who wrote (1335)	7/31/1998 4:52:00 PM
From: John Ke	Respond to of 7618

For those who are keeping track: WSA INTL AUTOMATED:JOHNSON NELDON FILES TO SELL 35,000 SHARES Jul 28 1998 21:12 FORM 144 FILED AT THE SECURITIES AND EXCHANGE COMMISSION ON 07/27/98 NELDON JOHNSON, CHIEF EXECUTIVE OFFICER, OF 512 SOUTH 860 EAST, AMERICAN FORT, UT 84003, HAS FILED TO SELL 35,000 SHARES OF INTL AUTOMATED SYSTEMS INC [IAUS] THROUGH SALOMON SMITH BARNEY INC. CONTACT PHONE (801)-756-6931. The Washington Service reports Form 144 (Proposed Sale of Securities) filings released by the S.E.C. Further information on our services may be obtained by calling (202) 778-1380. ---------- That's about $140,000 worth. I wonder how much of this is going to IAUS, and how much he's keeping. Of course he has no legal obligation to invest any of it in IAUS, but if he doesn't they go bankrupt. John

To: John Ke who wrote (1335)	7/31/1998 7:57:00 PM
From: Jim Posey	Respond to of 7618

John, There is a primary principle in investing...If you can't afford to loose it, then don't invest. If you get caught up in the hype, shame on you. Do your own DD and make your own decision. If you rely on others, then you are an idiot, especially when making a play like this one. "Sparky" and the boys have chosen to bash this stock and they are more than entitled to do so as far as I am concerned. In doing so, they have created an opportunity for me and others to gain additional shares as the price fluctuates. Maybe if it wasn't for them, you wouldn't have been able to buy those shares that you just recently sold on the runnup and made a hefty profit on. This is a risky play to say the least. I can't tell you if it works or not. I read the information available, little as it may be, and evaluate it. As far as the infamous demo that didn't happen, shame on IAS for touting it before the patents were in place. If you are familiar with the goings on after the demo though, then you are aware that IAS offered those that were interested a chance to view DWM as long as they signed a non-disclosure agreement. Seems reasonable to me to try and protect something that may be revolutionary. As far as people that lost money, you never loose any money until you sell. If you didn't believe that it worked, you shouldn't have bought it. If you believed that it did work, then you shouldn't have sold it. I appreciate the information that you are giving us about Neldon selling shares. I think everyone should be made aware of what is going on. I wouldn't jump to conclusions though, like others would like to make you believe, that Neldon is dumping his shares and is bailing out. Believe me, he hasn't sold nearly enough to cover his legal expenses if that was his intention. Besides, have you ever thought of who is buying this stock when he sells it. Ever see a stock that goes up when the word on the street is that the CEO is bailing out? "Sparky" and the boys have given us all the techno-jibberish as to why it won't work based on their understanding. As Paul so politely pointed out, some that read it have a comic book understanding of the complexities. The rest of us he just bored to tears. If you haven't noticed,the "bears" far outweigh the bulls on this thread. How could anybody be buying IAS stock based on what is available on SI? This is a no revenue, no product company. Who is holding the stock? The 12 people that work there? Why are they still buying then? Don't feel sorry for anyone that lost money on this play, unless you were the one that gave them the advice to sell. If you did, then they may really be mad at you one of these days if this stock takes off. In the meantime, those of us that have stock will root for Neldon to come to work everyday! Jim