To: VIP Condo who wrote (204 ) 1/20/1999 5:29:00 PM From: Wizzer Respond to of 355
Condo, from personal experience any time a PR guy gets pissed at you for writing something on the internet, this is an extreme warning sign for me. This has happened on 3 separate occasions for me: CK-vse bought at 95 cents now 6 cents (IR threatened me with a lawsuit for telling the truth); FCP-to bought at $1.10 now 30 cents (IR didn't want to talk to me anymore); and MII-tse was 75 cents now 40 something (CFO got pissed because someone sent him a PM of mine that detailed a conversation I had with him--I didn't even post it public-- shareholders were screwed when the CEO and CFO sold controlling interest below market price in this case and lucky I sold when he reacted negatively to me). This may not happen with your particular situation , but it is definitely something to consider. I only post the truth in my messages, and believe you do also. I don't sink to the level of some on the internet who libel a company (these people make up stuff about a company). It seems that companies also get pissed off when a person makes a truthful assessment of their stock a release, or the companies failings. This would be the case here. When will IR realize that we can comment on the good and the bad of a stock without them getting their "panties" in a uproar. They are paid to be positive and get us to buy and believe, and don't like negative views when they are true. They are paid to talk to shareholders who aren't happy with their stock also. What are they afraid of when they react this way? Why don't you ask the company or the PR person to buy back your shares for what you paid for them? You should only be refused contact with PR by "extreme action", and they are obligated to speak with you regarding your concerns. If they don't want to, let them buy back your shares for the price you bought at. If PR truly stands by their company they most certainly will do this. For him or her to call you is extremely inappropriate and unprofessional, in my opinion. If Mr. PR guy/gal doesn't like this post, then tough luck. Best Regards and I hope things work out for you and the other investors.