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Microcap & Penny Stocks : CMOZ, next cmgi -- Ignore unavailable to you. Want to Upgrade?

To: Ned Land who wrote (355)	2/1/1999 4:40:00 PM
From: Toby Zidle	Read Replies (1) \| Respond to of 947

Ned, I'm trying to meet you half way here.... Leroyt may not have answered your questions to your full satisfaction. Undoubtedly, if you get him on this subject, he will only repeat what he has said already... and we've all read that. Likewise, we are now fully aware of your questions. It raises red lights to those who are inclined to see them. And those who ignore them do so at their own risk. Now that we hope to understand this, how about closing the chapter? The rest of us are ready for that.

To: Ned Land who wrote (355)	2/1/1999 5:21:00 PM
From: Toby Zidle	Read Replies (1) \| Respond to of 947

In an earlier message, I wrote: "so even if Ned is right and CMOZ goes to zero, I stay in the black" And you responded: "Yeah, but what about the guy who bought that stock from you without the benefit of full disclosure?" Ned, as long as I am not trading on inside information or intentionally deceiving and manipulating the market, there is nothing morally or ethically wrong with selling my stock to make a profit. In fact, it's my responsibility to my family to profit from my investments. 'Profit' is one of the theortical underpinnings of the capitalistic system. So if I can make a profit while complying with all ethical, moral, and legal standards, I will not feel ashamed for it - even if the stock is CMOZ. But what about this 'other guy' you worry about? How is it _my_ responsibilty to insure that he makes wise investments when he will not exercise _his_ responsibility to do his own homework? If this mythical investor reads the SI board or Yahoo or Motley Fool, surely he sees two sides to the investment. If he has done that, he has had as much 'Full Disclosure' as I've had. Any investor has to be aware of risks, especially in BB stocks like CMOZ. If, in his naivity, he ignores them and happens to buy 'the shares I sell', how does my responsibility in selling supercede his in buying. Simply put, it does not. Where does your responsibility for this poor guy's decision end? You've posted multiple warnings here. You've fulfilled the requirement of transmitting your knowledge. You've done it. It does not need to be posted repetitively. Even with the full knowledge of the consequences, people smoke. Even if the Suburu has too high a center of gravity, people buy them. The Ford Pinto's gas tank explodes. People still bought them. Excess exposure to ultraviolet rays causes skin cancer. People still think they look better with a tan. And let's not have an extended discussion of safe sex and AIDS/HIV. People are responsible for their own decisions - even if they buy CMOZ. And what if the unthinkable happens ... that the poor, oblivious, advice-ignoring sap who bought my shares at $3+ happens to hold them for a couple of months and sells them for $6??!!