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Technology Stocks : ITEX is a Great Buy at under $6 -- Ignore unavailable to you. Want to Upgrade?

To: pcyhuang who wrote (499)	12/17/1998 10:18:00 PM
From: Bruce Cullen	Respond to of 623

Investors & fellow friends on S.I., Yesterday ITEX broke a KEY support level on it's price, I view this is a bit frightening at the moment or short term. Many companies know how these dilemmas work, so as... if anything (ITEX/SEC) should find legitimate reasons to update their shareholders/public so those shareholders are in the know, the SEC and ITEX should note that we as investors have no idea about many issues at ITEX. We are owners of the company! This is disturbing. Some of these issues, 1) Lawsuit issues on "John Doe" case. (I have talked to counsel and something could be said, an update or informal report. My opinion) 2) Update on recent filings that are late and look to be ready for release before end of year tax loss selling and holidays. I have faith in the company, don't get me wrong. 3) Past acquisition and update on BXI workings. 4) ITEX Canada 5) Internet Mall site (That does exist with over 100 items) This scenario is looking like the present IRAQ conflict in certain aspects. I expect those that work in ITEX to read this in a sort of disgust but my point here is the following. I trust in ITEX's future, the fact that the SEC has not concluded anything is hurting ITEX at the heart of consumer confidence and rights. The SEC should have worked longer or given a break to this issue at this point. You ask why? I understand that the SEC is here to protect the public but when was the last time that you felt the Gov't. organizations were really in the job in honor of the public with out a single doubt? As a shareholder of one share or 8 million you still own rights to the company... the SEC is creating a situation now that is taking so long that the stock is now on a technical drop... the SEC is not making any exceptions to this issue, the public nor giving ITEX any room to make public statements on these issues, something has to be done... today and not tomorrow but yesterday. I really feel in this case, although expected, to have these dealings from the SEC to protect us... why is the picture not coming across this way with this long delay after delay? I hope this message gets across SOON, as many may think the people in the know may disregard these message boards on ITEX I know from past experience that they are taken with more insight than a grain of sand on a beach. Let's get going ITEX/SEC! I am sure I will now have all kinds of excuses thrown at me now, I will state early I disagree with any of them! This situation is not being handled correctly and it may not have anything to do with ITEX let me make that clear! In short... we are overdue this time. Bruce Cullen Sherwood Coast's Group geocities.com P.S. By posting your feeling on this you can be assured the message will get to the right hands! Postings on SI are read by the best and brightest in the SEC, Wallstreet Journal, ZDNET, MSNBC etc etc. State your opinions please! It will help I guarantee it. (This post is entirely one's opinion)