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To: Jordan Electron who wrote (22856)5/13/1999 9:18:00 PM
From: Janice Shell  Respond to of 26163
 
Oh that Wellrich cold caller group are scammers!

They were hired by Mike Sylver to provide referrals for the sale of AZNT stock. The stock in question wasn't sold by WellRich, but by AZNT directly. In the January/February hearings in the Mann case, Mikey himself said that WellRich "did their job".



To: Jordan Electron who wrote (22856)5/13/1999 10:09:00 PM
From: Hogger  Read Replies (5) | Respond to of 26163
 
<< In the January/February hearings in the Mann case, Mikey himself said that WellRich "did their job".

See Jordon, the Wellrich group aren't the only scammers around ... for instance, note how cleverly Janice takes this quote totally out of context and weaves it into a Clintonesque misrepresentation.

The only times I have listened to her, I sold stock and sustained a subsequent loss, but she and her merry little gang could care less because I neither suck-up-to-them nor do I usually agree with their totally one sided, obviously slanted rhetoric.

Check out her past two posts to you ... she is still defending the wonderful kind hearted totally honest folks at Wellrich ... especially that little girl who wants to be an all grown up 'something or other.'

Maybe Janice can teach her how to be on the receiving end of a suit.

Hogger



To: Jordan Electron who wrote (22856)5/26/1999 12:00:00 PM
From: Jeffrey S. Mitchell  Respond to of 26163
 
Re: More on La Jolla/Pacific Cortez

Tacky Tactics for Selling Penny Stocks: Susan Antilla
Wed, 26 May 1999, 11:17am EDT

New York, May 25 (Bloomberg) -- Investor Milton Hillman was told by his broker that a stock in his account had been sold for a profit of $60,000. Later he learned he'd actually lost $70,000.

Investor Christa Hanson fell for a pitch and bought 1,000 shares of a uniform-manufacturing company. Then she discovered it would be impossible for her to sell them, because the shares were restricted.

Michael S. Newton had high hopes of a fast profit when he spent $62,220 on a stock -- his broker said the company was about to merge with a Fortune 500 corporation. The merger never happened; he lost all his money.

Different investment pitfalls all, yet the three investors had one thing in common: All were customers of Pacific Cortez Securities, the San Diego, California, firm that used to be known as La Jolla Securities.

Pacific Cortez, the subject of last week's column, has since shut down, but not before scattering some seeds at a Dallas firm called Salomon Grey Financial Corp., formerly RRK Securities Inc. Before management shut its doors on April 30, though, Pacific Cortez had left a long trail of victims.

etc.

Full story:
quote.bloomberg.com

- Jeff