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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (2111)8/25/1998 4:15:00 PM
From: j lawrence  Read Replies (1) | Respond to of 4634
 
>>The same type of people who get victimized by frauds such as CCSI and ZITL...small investors hoping to get rich quick on a story stock. <<

The same people who are most resistant to your research.



To: Bill Wexler who wrote (2111)8/25/1998 4:51:00 PM
From: White Shoes  Respond to of 4634
 
It's true, some of these newsletter touts are unbelievable, and PEOPLE WILL BELIEVE ANYTHING!!! Gaming Lottery (GLCCF) which now trades for pennies (post 8-for-1 consolidation) and is pretty much delisted as the symbol is GLCFD (whatever that means) was recommended in a 'respected' investing digest which often mixes in the 'tout' newsletter stories with respectable analysis.

The newsletter writer predicted 1999 EARNINGS of $10.00 a share (you read right!!!!) despite massive ongoing losses (supposedly it took them $30 mil to throw a website up). I rubbed my eyes when I saw that but people were really buying on that basis, that as soon as the 'Galaxiworld' online casino opened it would blow away the competition and earn multiple DOLLARS per share.

Unfortunately of course Galaxiworld never officially opened for business (in spite of several 'launch dates' that simply got pushed back 6 months each time). It was a scam from the start and will never open. Sorry, it's too late to short but feel free to visit, galaxiworld.com

LOL!!! I don't see anything clickable on there anymore, it used to at least have some menus and demos and stuff...man how frustrating, just three little icons!!!!

Anytime someone tells you a company with a questionable track record will suddenly earn $10 per share what do you do? Laugh? Short it? Seems many investors simply sign up for the suckers' brigade...



To: Bill Wexler who wrote (2111)8/25/1998 8:00:00 PM
From: Bill Wexler  Read Replies (3) | Respond to of 4634
 
{{{sigh}}} There will never be another stock quite like Zitel...

Message 5324294