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To: A66TALLguy who wrote (1907)9/30/1998 7:26:00 PM
From: Peter Prickett  Read Replies (1) | Respond to of 2452
 
The day traders comment sounds like more like one persons opinion than some sort of official "complaint". And you are right. Same stuff we are concerned about.

Some complaint. There is a lot worse on that daytraders board. I have browsed it many times over the past year. Have taken some notes on highly touted stocks (you know, the ones where the price now is 5.00, going to 8.00, time frame-2 weeks, probability-excellent) and gone back to see what real price movement was. Haven't found one that did what was predicted. Doesn't mean it hasn't happened. I don't care to check all of them but hype abounds and predicted results are rare.

If this guy bought from a one paragraph tip on that board....sorry, not a smooth move.

While we remain concerned over lack of financials, delayed deliveries, etc., at least we have access to a great deal of info. Most of which has been provided by contributors to this thread. And hopefully we understand the risks (and potential rewards).

I remain bullish on the concept and the progression. Whether Jon and co. can pull it off remains to be seen. Am concerned about lack of financials, proformas, etc. I participated in the July conference call and do remember being promised them 30 days after their new fiscal year end which was to be July 31. It comes down to a credibilty issue.

Most of you have said it: The hype is over. Have to act like a real company. Produce product. Sell product. Get paid for product. Report results. Until then I can't see any real or sustained stock appreciation.

My two cents.

Later,

Pete