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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Richard Miller who wrote (13118)2/21/1999 12:41:00 PM
From: MaryinRed  Read Replies (3) | Respond to of 122087
 
Was he ever part of a company called
S U N N
search on
Sunmark Industries
Contact: Mr Gene Curcio, Sunmark Industries,
tel USA 1 888 787 4545 (disconnected)
apparently reco'd by Harvard Equity Research (see thread on SUNN)

see this release: x16.dejanews.com[ST_rn=ps]/getdoc.xp?AN=345204791&CONTEXT=919618600.1058340966&hitnum=11

don't know it is the same person

smile...mary

More:
Started By: jmhollen
Date: May 14 1998 4:51PM ET
Sunmark Industries
Symbol: S U N N
Recent Price: 1.50 ($1.50/share)

Wall Street analysis from Harvard Equity Research has issued a STRONG
BUY recommendation on SUNN stock. William Rambo was quoted as
predicting a $2.50-$3.00 price near-term with "sustained momentum into
the $5.00 plus range by the 4th quarter of 1998".

Harvard Equity Research's recommendation AATK went
from $3 to $9.00 in ten trading days!

Harvard Equity Research is so confident of their projections that they
are offering their subscribers a money-back guarantee on their
subscription if SUNN doesn't at least double within the next year.

To reiterate: an IMMEDIATE & STRONG BUY recommendation
on SUNN.

For further information go to:
quicken.excite.com
or send a SASE, for a free issue of Harvard Equity Research's latest
top-rated newsletter, to H.E.R.,
P.O. Box 87260,Toronto, Canada M6J 1H1

then More:

To: jmhollen (0 )
From: jmhollen Thursday, May 21 1998 2:05PM ET
Reply # of 1

Hello all:

I would like to apologize for ever posting this subject here.

I just did some searching to find more info about this stock and Harvard Equity Research.......the whole thing comes across as TOTALLY BOGUS!

Here is the Mailer-Daemon rejection I got from attempting to contact H.E.R.:

The original message was received at Thu, 21 May 1998 13:34:40 -0400 (EDT)
from root@localhost

----- The following addresses had permanent fatal errors -----
stckltr100@juno.com

----- Transcript of session follows -----
... while talking to e.mx.juno.com.:
>>> RCPT To:<stckltr100@juno.com>
<<< 550 <stckltr100@juno.com>... Account terminated
550 stckltr100@juno.com... User unknown

*************************

Here is some additional info on H.E.R. garbage......

Top Stories

ON STATE STREET: Use caution with Net
stock deals

Thursday, March 5, 1998

By Beth Healy

Beware of those ''hot'' stock deals coming at you out of cyberspace.

One recent offering, sent through e-mail to an America Online address,
screams, ''E-Alert: Urgent Buy Recommendation.''

The big tip: A $1 stock called IRT Industries Inc. The St. Petersburg, Fla.,
company says it operates Vegas-style casinos and wants to be a player in
the on-line casino market.

Who's pushing this penny stock? An outfit calling itself Harvard Equity
Research. The e-mail posts no phone number, no address. It lists just a post
office box in Toronto, where investors can mail requests for a newsletter.
Return e-mail was rejected.

If investors want to act on one of Harvard Equity's stock raves, they're
directed to another Web site, which hooks them in to on-line trading firms
like E-Trade.

IRT Industries shares have fallen from nearly $7 to 81 cents in a year. (The
price is even worse if adjusted to reflect a one-for-10 stock split last fall.)
Yet Harvard Equity suggests IRT's stock will soon rise to $2, with
''sustained momentum into the $5 range by mid-1998.''

These kinds of predictions, unsubstantiated by earnings data or discussions
of IRT's business, smack of hot air.

''People need to be doubly wary if they invest over the Internet,'' says Matt
Nestor, chief of enforcement at the Massachusetts Securities Division.
''You have to know who you're dealing with.''

It's important to note that Harvard Equity Research bears no relationship to
the name-conscious university in Cambridge.

''We don't know who they are,'' says Alex Huppe, director of public affairs
at Harvard University. ''We take a dim view of companies using the name
Harvard where there can be some confusion.''

Add to the possible confusion the fact Harvard University does have a
connection to an investment firm: Harvard Management Co., the Boston
group that runs the school's giant endowment. Harvard Management has no
ties to this Internet group.

So who are these mysterious stock touters?

Massachusetts securities watchdogs have no record of a Harvard Equity
Research licensed to hawk stocks in the Bay State. Neither does the Ontario
Securities Commission, a provincial regulator.

Harvard Equity may not be selling securities, but it is offering financial
advice. Many newsletter writers who offer advice register with securities
officials because they also manage money.

A spokesman at IRT who declined to give his name says, ''Nobody here
knows anything about them.'' Vic Murray, president of another company
touted in the e-mail, American Access Technologies Inc., says he's never
heard of Harvard Equity, either.

But Harvard Equity claims to know both companies well. The firm boasts in
its e-mail that, after recommending American Access, the stock ''went from
$3 to $9 in 10 trading days!''

American Access shares rose from $3.25 to $9 between last August and
October, according to Bloomberg Financial. The Orlando, Fla.,
telecommunications company's stock was trading yesterday at $12.19.

Harvard Equity promises that clients who buy its ''top-rated newsletter'' will
get their subscription money back if IRT shares don't ''at least double within
the next year.''

Anybody who promises a 100 percent gain in a year should be taken with a
grain of salt. Don't forget that a cheap stock becomes very expensive if you
lose all your money on it.

cw-0As far as the ''top rating'' on that newsletter? Mark Hulbert, a noted
follower of more than 400 investment newsletters, says only this: ''We don't
follow it.''

If you get any input in your email-box from Harvard Equity Research (*@juno.com - one of the big internet smut-pushers) I suggest you just rash it and move on!

Again, "....sorry 'bout that....."!

eom.....