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Microcap & Penny Stocks : International Automated Systems -- Ignore unavailable to you. Want to Upgrade?

To: bottomfish who wrote (1406)	9/30/1998 9:21:00 PM
From: Mitchell D. Wilcox	Read Replies (1) \| Respond to of 7618

Barton, Just a couple of thoughts. I know better than to treat the stock market with common sense but I'm going to anyway. First of all to my knowledge nobody just off the street has seen a working prototype of any kind. Even when they were taking visitors they weren't showing them anything. I went to the big non-event to begin with and since then I've been out to visit IAS on different occasions. My last real curiosity was the fact that the SEC had been working so hard to nail them but never did anything. That curiosity has been satisfied but now we have the big question about this $100 million contract. Let's say that the contract exists, why is the stock still at $2? Does anybody out there really think that a technology has literally been shown to a group of people yet the stock still sells for $2? I'm naive in a lot of ways but common sense tells me that the market just doesn't work that way. The group who witnessed the technology would have bought all but Neldon's shares by now whether it be directly or indirectly. Eeeks! I guess that would be insider trading wouldn't it? Ah but now that Neldon has let the cat out of the bag I think there would be plenty of people clever enough to buy it up based on his statement, 170,000 shares traded isn't the kind of volume I'm talking about people. Well now that I have vented and probably confused most of you I will state my position. I hope that I'm not stupid enough to believe this and at the same time I hope I'm not stupid enough to miss out. Geez! the stuff is only $2 a share why not splurge and buy 500 shares? That should be easily enough to make you rich if the contract story turns out true! I remember a day when I did everything I could to buy something like 270! Mitch Disclaimer-- I'm completely out of my mind and nobody should follow my advice or believe what I've said to be true. At least following this story for a few years has made me feel that way!