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Amazon.com Inc. Message Board

  • codyi codyi Apr 18, 1998 7:30 PM Flag

    MURPHY IS RIGHT BUT

    Murphy is right about this stock but the price of puts are so high so as to make the risk too much to make the play. I have many more alternatives that are economically more sensible than this one so I am going elsewhere. Nevertheless, I don't think Amazon will ever get over the hump. It can't turn a profit and it cannot emerge victorious over mounting competition going forward. It has a salvage value and that is it under any and every scenario.

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    • Read this BIG hint that great news is coming money (amidst a 7 mil. stock repurchase program)...float is now attractively small!! At .15 per share, (up over 100% Friday) this one is a steal and will hit over $1.50 by the end of next week...jump in now for your first 10-bagger!!!

      Loch Harris Inc. Retains Investor Relations Firm The Investor Communications Group, Inc.

      AUSTIN, Texas, April 16 /PRNewswire/ -- Loch Harris, Inc. (OTC Bulletin Board: LOCH - news), Austin-based technology incubator, has retained The Investor Communications Group, Inc. (``ICG''), an Atlanta-based financial public relations firm, to provide a variety of corporate and investor related services, including media and public relations.

      ``This past year has been the most exciting period of growth in the history of the company,'' said Mathew Harris, executive VP/operations and acquisitions, ``and that growth demands that we work with leaders in the investor relations industry.''

      ``Loch Harris is a very exciting company to represent,'' said Tony R. Golden, CEO of ICG. ``We are convinced that the company is poised for growth as it implements its business plan and brings its leading-edge technology to market.''

      ``We have been concentrating on technology acquisitions, and after several years in research and development, I am excited to be able to announce the results of our first operational year,'' said Mark Baker, Loch Harris CFO. The company will release its year-end results Monday, April 20.

      Loch Harris manages a diverse network of technology subsidiaries, including Chemical Detection Technology, Inc., with unique landmine and alcohol detection systems, which it plans to spin off later this year.

      • 1 Reply to _tip_ster
      • More bs hypesters than we have time for.
        OK, I checked it out. Whatever good product
        they may have, or insider buying is going on,
        only one thing took this baby flying on FRIDAY.

        That's the new PR firm in charge of 'increasing
        shareholder value'.
        Does anyone think it's just a coincidence that a
        new firm is hired Thursday, and the stock doubles
        Friday?

        Any good PR firm can pump a penny stock
        that quickly. The question is, is there beef
        behind the stock rise?

        A little due dilligence is warranted. But beware the
        hype. Ilike a good penny stock as much as the next guy,
        but the timing of this surge is suspect.

        By the way , how are the shorts on AMZN? Are you
        hanging in there? It shouldn't be long now. But that's
        what I said a month ago.

 
AMZN
436.04-1.67(-0.38%)Jul 6 4:00 PMEDT