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

To: Jim Spitz who wrote (24233)	3/25/1999 5:59:00 PM
From: Smilodon	Respond to of 122087

I agree, all OTC:BB are not scams. However, Dell was never a penny stock. It looks that way because of all the splits, but it never actually traded in the pennies. Most OTC:BB's don't have the capital or analyst coverage to hit the big time. If you have something great, it is better to get VC financing and do a traditional IPO. But the BB is fertile ground for scams. Doesn't mean you can't make money trading them, just that it is very hard to make long-term investments there. But, it is a great place for long-term shorts.

To: Jim Spitz who wrote (24233)	3/25/1999 7:46:00 PM
From: Arcane Lore	Read Replies (2) \| Respond to of 122087

... Dell may not have been an OTC:BB but it was a penny once. ... Though an OTC BB stock does occasionally move to NASDAQ, I can't think of one that has made its way into the first tier of NYSE/NASDAQ stocks. In the case of DELL, it IPO'd in 1988 at $8.50 per share (unadjusted for subsequent splits): What is Dell Computer Corporation's stock history? Below is the history of Dell Computer Corporation's stock splits. Dell Computer Corporation's Stock trades on the NASDAQ market <DELL>. Dell Computer Corporation's Initial Public Offering (IPO) was June 22, 1988, at $8.50/share (approximately $0.177/share today, on a split-adjusted basis). dell.com