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Monday, November 12, 2001 5:17:22 PM
I realize that the people who invest in BB stocks aren't representative of most investors, but do you really think many people are stupid enough to watch these boards for more than a couple of days and consider the info presented to be credible? People offer some great insights and experiences, but if a person sticks around long enough to sift through the obvious misrepresentations and junk, they will most certainly realize that the boards are filled with numerous conflicting views (often represented as "facts").
SEVU appears to be trying to clean up their act and trying to act like a real company. The countless PRs filed with empty promises are gone, as are the message board posts from known insiders. It's quite possible that company financials will be disclosed solely by means of SEC Filings. If shareholders don't like it, but the company is in compliance with the SEC Regulations, than the shareholders should probably move on. Personally, I don't know if the company is operating within the rules of the SEC or not, although the fact that they are still trading and we haven't heard any formal notification to the contrary leads me to believe that the company just may know more than we do.
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