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Microcap & Penny Stocks : 1st Net Technologies ( FNTT ) -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Mitchell who wrote (415)	3/21/1999 10:44:00 AM
From: Don Pueblo	Read Replies (2) \| Respond to of 1827

I find it interesting how the market makers are never discussed when this sort of thing occurs. I have a crazy theory on this: It seems to me that an effective marketing scheme would be for the publisher of the tout sheet/newsletter/magazine to take the leads generated from the tout sheet/newsletter/magazine and give them to the broker that makes the stock so the broker could call the lead while it was hot and close the sale. Why, the touter could even sell the leads! And if he owned the company that owned the tout sheet that was touting, why then he could save a bundle on phone calls and postage! Then the broker would have the lead, and the stock the sucker (Oops, I mean the New Account) was interested in. If the spread is 50 cents, the broker could generate a really nice commission (did I say "commission"? I meant "markup"; the one the client doesn't see) on a cheap stock. And the broker could maintain an inventory to short against on like say a Monday morning..."just in case"! Everybody wins! Well, almost everybody. The buyer that is down 30% the moment he buys the stock isn't a winner right away. Even better would be somebody that has a web site or a thread where he picks a POS BB deal and hypes it.... for free! Ya gotta love it! Just my crazy theory, I wouldn't know what really happens, and I have no idea if it has ever happened to anybody in the History of the World. I'm cynical, forget I even mentioned it.