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Microcap & Penny Stocks : AMIG - THE NEXT AUCTION SITE -- Ignore unavailable to you. Want to Upgrade?


To: Coolbreeze who wrote (169)2/3/1999 4:29:00 PM
From: Doug Fowler  Read Replies (1) | Respond to of 251
 
Why do you AUTOMATICALLY accept that this company is already worth $20M plus, with NO REVENUES, NO AUUCTIONS, NO HISTORY?

In addition, the auction market is extremely crowded, even for well-funded companies.

And NO, the company does not have to operate for 5 years to be proven legitimate.

But they DO have to have an ACTIVE site, with buyers and sellers, lots of items, and a high growth rate.

Does it NOT seem very suspicious to you that this company reports 700,000 hits in a week, when there is NOTHING to do at their auction site?