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Technology Stocks : WordCruncher Internet Technologies, Inc. (WCTI) -- Ignore unavailable to you. Want to Upgrade?

To: Alex Dominguez who wrote (234)	12/4/1998 5:05:00 PM
From: Provocateur	Respond to of 488

<G>...Good point. We do have a long way to go, especially with neighbors like those. Medium speed and steady would be nice until they get things up and running early next year IMO. Prov

To: Alex Dominguez who wrote (234)	12/4/1998 6:37:00 PM
From: Larry Levine	Read Replies (2) \| Respond to of 488

One big difference: those stocks are fully reporting companies on the NASD with real sales/revenue. WCTI has yet to make a penny. I agree that once they sell something and become a fully reporting company, they could skyrocket; but in case you're unfamiliar with non-reporting OTCBB stocks, there are many cases where the directors' 'assist' in the manipulation of their stock's price so they can dump their offshore holdings and let the company crash and burn. As long as this is a possibility many more savvy investors will shy away from this one, or simply day trade it. I requested investment information from WCTI 6 weeks ago, and just received it in the mail; what I got was a sloppily HAND-ADDRESSED manilla envelope with a bunch of stapled, mimeographed reports which contained all the recent press announcements and even a penny stock newsletter! This tells me there are very few employees in this company and they've spent almost nothing on marketing. Not even one glossy fact sheet. Yes, I've been burned by OTCBB stocks before, so I am very skeptical; there are a lot of hypesters out there right now taking advantage of the internet furor. Take a look at PMKY or TMCO as examples of what can happen when things go crazy.