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Re: Francois+Goelo post# 14013

Tuesday, 03/05/2002 10:38:42 AM

Tuesday, March 05, 2002 10:38:42 AM

Post# of 15369
Frank, you claim that you were "mislead" re: SEVU, yet you also claim to have had a personal relationship with McBride and others. Isn't it more likely that you were simply wrong? Gullible, perhaps? I can understand people who may have based their entire DD and research solely on Press Releases and other claims that were made public, but you claim to have been in regular contact with McBride, and met with him on several occasions. I spent an hour with him, and it was painfully obvious that he didn't have the skills necessary to deliver on his vision by himself. I have posted this observation many times during the past two+ years, and I continue to acknowledge that this isn't a criticism, but a common fact, as no one is an expert on everything (except you, perhaps).

If your message board posts are any indication of how you choose to invest, you claim to have lost about $750K on two BB stocks. Your screw ups on SEVU are known to all of us, and your claims (bragging, actually) to have lost $500K on ATEL are even more absurd. It's hard to imagine anyone "investing" $500K on a stock that trades at a nickel a share.

I don't know if any of your posts are truthful, nor do I care, but since the recent theme seems to be one of "protecting" newbies, I'll submit the following observation/opinion: Based upon what I've seen, all of which may be verified if a person wanted to dig through your posts, your advice to investors and potential investors should be considered highly suspect and risky. The questionable depth of your DD and your admitted track record of substantial losses both support this view.