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If it smells like spam, the wisest course is to assume it is spam. -uf
At 10:06 AM 10/19/99 -0400, Michael Harris wrote:
>Gwenael Gautier wrote:
>
> > ...I am checking it myself now. The stock exists, it is even listed in
> Germany
> > now. The product came out in Jan 99 and has generated sales of between
> $100.000
> > and $1 million in 99 as reported in the Bloomberg company data. The company
> > israther new...
> >
> > ...Either way, I don't understand why insiders not related to the
> managment have
> > been selling. 9000 shares here, 37000 there, another 47000 here. Why
> should I
> > buy, if they are selling??? I found one analyst saying he believed in
> the product
> > and saw a price target of$20 in 12 months. But I have never heard of that
> > research house before, so forthe moment I am not convinced...
>
>I also received the information but have not done any research other than
>to go
>into one of the drug chains where the product is supposed to be currently
>sold.
>The pharmacist was not aware of the product.
>
>Being totally unqualified to analyze and issue an informed opinion about this
>product or the company, the only thing I will say is that this unsolicited
>"tip"
>reminds me of a "pump and dump" that I unfortunately jumped at several
>years ago.
>
>Gwenael, I think you are absolutely correct in trusting your uncomfortable
>feelings. If something does not appear to make sense, why force it to
>look good?
>There will be plenty of other opportunities. But following a tip from an
>anonymous
>source is probably not the best road to riches.
>
>Mike
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