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Microcap & Penny Stocks : IDCN - gold, garnet, etc. -- Ignore unavailable to you. Want to Upgrade?

To: Sojourner Smith who wrote (1217)	8/25/1998 6:57:00 PM
From: Kevin Lichtman	Read Replies (7) \| Respond to of 5908

I am the publisher of Stock Detective. Stock Detective - contrary to message board fiction - does not sell short any of the stocks mentioned in the web site. In our "Stinky Stocks" department stockdetective.com we select companies based on a variety of criteria, including, but not limited to: unusual promotional activity, inflated or questional claims, potentially misleading information and trading patterns. While wish we had prescience to warn investors at the start any potential shenanagins, we stopped believing in fairy tales long, long ago. With regards to the price of a potential "Stinky Stock" we do consider stocks with sudden, unexplainable price spikes better candidates for coverage. However, because we must research all candidates carefully, it often takes several weeks from the time we become alerted to a potential stinker until we publish. As of July 31, 1998 - when we last upodate our list of Stinky Stocks under coverage - 13 out of 13 were lower than when they were first published. Most were significantly lower. None were covered exactly at their high point - that would be pure luck - but several were exposed very close to those peaks both before and after. We haven't looked into IDCN. At 1/16 investors who may have purchased shares long ago have already lost most of their equity and I find it reasonable to assume new investors (except the truly naive) already consider a .06 stock pure speculation. This is not the kind of stock we'd typically research, unless of course... Yours truly, Kevin Lichtman, publisher www.StockDetective.com