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Microcap & Penny Stocks : IRTG - Thinkbid.com -- Ignore unavailable to you. Want to Upgrade?


To: PK who wrote (238)4/16/1999 12:17:00 PM
From: Kal Perry  Read Replies (1) | Respond to of 315
 
The WSJ article spends a lot of space reviewing the troubled past of IRTG. Previous management, previous business endeavors.
This does not mean Mr. Wrobel is cut from the same thread.
Some of what might be referred to as "hype" is often attempts to "get the word out" about a stock. When the investment community becomes informed and interested, the stock price could rise, resulting in a better financial position for the company. Since the casino business failed, are we to assume the "hype" was scam? not necessarily.

The WSJ article quotes Paul Resnick, an associate professor at the Univ of Michigan's School of Information. "It is hard for a newcomer to get into the online auction business. If someone else already has a lot of buyers and sellers, why would customers switch."

True, the early bird often gets the worms. But, sometimes a new bird comes along and has a better deal for the worms. And the early bird has to share its meal. This is America, this is free enterprise.

We can evaluate the IRTG-THINKBID situation on its merits. IRTG is a reporting company. Thinkbid has a website to look at, and many people have been impressed with it.

Just some thoughts.