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Article #76453

Re: "XXXX STOCK mistake made by Wall Street Journal!!...."

#76453
From: Dave Samuels
Date: Thu, 03 Jul 1997 00:00
66 lines
3428 bytes
Error or not, at least it is free, if commonsense advice. I know lots of
finance pretenders who love to charge for giving such "sage"
advice...some are greater jokers than guys spamming newsgroups. They
seem very free with advice on how to "invest" others cash.

The best investment in in yourself!

(There are some quality advisors out there, but many car sales
types...in any case, last time I checked I was using all of my ten
thousands of dollars)

Dave Samuels


Elvis Presley wrote:
> 
> Exactly. A very valid and true argument. It is about time newsgroup
> users realised that they are not playing a computer game when they
> post to newsgroups, they are writing to real people. Arguing/debating
> with someone about an issue is great, insulting people as part of your
> argument really is pointless and only serves to make the insulter look
> silly. 'Hey I disagree with what you say so therefore you're a
> slimeball' Grow up... <shrug>
> 
> --
> If you have any reply or comments to make about
> this posting please could you send E-mail to me,
> ste...@itl.net.  Cheers!
> 
> Christopher Wilson wrote in article <33B846...@earthlink.net>...
> MisterMike wrote:
> >
> > > Does anybody else suspect this spam is the work of a slimeball
> hoping to
> > > unethically influence the market value of a particular stock for
> personal
> > > gain?  Me too.
> >
> > In a word, yes.
> 
> You're saying that you think a posting to a handful of newsgroups is
> going to affect the value of an IPO that was initially worth
> $33,000,000?  TDFX has been trading in fairly high volume - 181,000
> shares were traded today, the daily was 300,000-500,000 every day last
> week.  The price hasn't fluctuated much since the first day.  How,
> exactly, are a handful of newsgroup denizens (primarily game groups,
> mind you, and not one finance-related group) going to push the stock
> value at all?
> 
> I don't know if this fellow's details were accurate, but the WSJ did,
> in
> fact, make an error.  I'm also not entirely sure how unethical it is
> to
> encourage people to invest in a security for personal gain or any
> other
> reason.  People do that all the time.  Companies do it themsleves.
> What
> is wrong with this person saying, "Buy this security.  Because of x, I
> believe it is undervalued and will correct soon."?  You might not, for
> whatever reason, want the person as your personal financial advisor,
> but
> I don't see how that makes him or her a 'slimeball'.
> 
> Christopher Wilson
> wils...@earthlink.net
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References: <33b3c0d9.539639@news.tiac.net> <33c84f5d.33203025@news.zippo.com> <01bc8474$d986e3a0$78fad5cc@mike> <33B84635.1DD9@earthlink.net> <5pc2s6$o3q$1@taliesin.netcom.net.uk>

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From: Dave Samuels <dsam...@erols.com>
Subject: Re: "XXXX STOCK mistake made by Wall Street Journal!!...."
Date: 1997/07/03
Message-ID: <33BB2DB8.1D12@erols.com>
X-Deja-AN: 254232161
References: <33b3c0d9.539639@news.tiac.net> <33c84f5d.33203025@news.zippo.com> <01bc8474$d986e3a0$78fad5cc@mike> <33B84635.1DD9@earthlink.net> <5pc2s6$o3q$1@taliesin.netcom.net.uk>
Organization: Think Forward Industries
X-Received-On: 3 Jul 1997 00:42:34 GMT
Reply-To: dsam...@erols.com
Newsgroups: comp.sys.ibm.pc.games.sports,comp.sys.ibm.pc.hardware.video,comp.sys.ibm.pc.hardware.chips,alt.games.quake,alt.games.descent,alt.games.mechwarrior2,comp.sys.ibm.pc.games.action,comp.sys.ibm.pc.games.strategic,rec.arts.comics.misc,3dfx.games.glquake
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