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Pastimes : HYPE AND HYPESTERS DENUNCIATION CENTRE -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Forthright who wrote (1)9/5/1998 11:01:00 AM
From: Jim B  Read Replies (2) | Respond to of 612
 
MTEI was at 8cents.. when I first put into my newsletter..

it went as high as $1.75; many people including myself believed in the company and put too much belief in them as they were stating in
PRs that the company had a book value of $2.85; thus we all figured
the stock was still undervalued at $1.75

turns out later that the PR people were selling shares into the run up.. the mgmt was selling shares into the run up... all while the rest of us bought...

stock has been halted by SEC and is under investigation.. stock trades around 1 to 3 cents/share now..

I guess somehow I should have known it was a scam so since I was one of those that was very bullish on the stock.. I thought I'd drop in to nominate myself as a hypster..

I hope I win the prize for being the biggest hypster on this thread too...

take care

jim



To: Mr. Forthright who wrote (1)9/7/1998 11:41:00 AM
From: Chad Beemer  Read Replies (2) | Respond to of 612
 
Thanks for giving us the opportunity to buy more stock at current
levels. Which Securties firm is it that you are with again?