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Non-Tech : LCS Golf (LCSG) -- Ignore unavailable to you. Want to Upgrade?

To: Chip Roos who wrote (499)	3/23/1999 3:28:00 PM
From: CIMA	Read Replies (1) \| Respond to of 626

I'm not trading BB stocks for my health either. I accept the increased risk in order to make a larger return over a shorter period of time. The trading game (not talking about products and/or services) is no different than with the blue chips. The numbers are a lot smaller and therefore subject to much greater volatility. It takes a while to learn how to win more than you lose and you need the stomach for it. IMO there is nothing wrong with promo as it is part of the game. One needs to understand how it is used and when to get in and out of a stock while a promotion is on. The blue chips do it as well but on a much grander scale and with a lot more money. The insiders have to have someone to sell their bonus option shares to at the highest share price possible.

To: Chip Roos who wrote (499)	3/23/1999 8:27:00 PM
From: Alex SvS	Read Replies (2) \| Respond to of 626

Chip- I think you would have a very difficult time finding a bulletin board stock that does well over the short or long term that has not paid some service or newsletter to get the word out and increase investor awareness. In a pool of 12-20,000 otc bb companies, how else can companies draw the attention of the limited resources of investors? Companies actively promoting themselves contributes to "information liquidity." For capital markets to operate effectively and efficiently, it may be a NECESSARY element. You are perfectly welcome to fault my analysis or try to point out some lie or falsehood in our reports, but I don't think you'll find any. Furthermore, the SEC is quite rigorous in its regulation and persecution of those who deliberately mislead or withhold compensation disclosure. As well they should. You criticize the fact that we were compensated for the info we disseminated about FSOL. Here's a suggestion. Why don't you try to criticize the facts and/or analysis of the report. If you really do your DD, I think you'll find the report dead on. Also, regarding the potential price targets, we just took numbers on album sales that sounded very reasonable, factored the net per CD, subtracted estimated overhead, and multiplied by a below industry and broader market PE. I think you'll find our methodology that we used in analyzing LCSG and FSOL very similar. I do not think your criticism of "hyping" on FSOL is merited. We didn't pick a potential price target out of thin air like analysts who say AMZN is "worth" $300. Also, we are totally out front about compensation. You act surprised to see we received comp from FSOL. Have you read any of our disclaimers before or any of my messges on this thread? I point it out often. As far as conflicts- Our newsletters will only be a valuable service and a viable business if we develop a solid track record of finding undervalued small caps and bringing them to the attention of our readers. We won't always find winners, but I'm betting my livelihood that our winners will outnumber losers. That self correcting mechanism keeps us in check as does our conscience. By accepting comp from companies, that lets our readers get the newsletter for free. If we don't bring good companies at low valuations, our readers will ditch us and our business will fold. I think you will also find from our tone and corresponse with readers, we are very interested in our readers both making money and learning to be better investors by encouraging them to do more due diligence. We harp on our readers all the time to do due diligence. We've even initiated a contest to reward those who do their DD and share it with other readers. That's enough of my rant for now.