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Re: ron2w post# 1199

Monday, 06/03/2002 1:13:06 AM

Monday, June 03, 2002 1:13:06 AM

Post# of 279080
Now in your case, I received emails from two other people with complaints about your apparent motives here and it was this, in part, that prompted me to take action.

Ron, I'm not surprised at all that people think I may have ulterior motives in regard to my QBID postings. Some may think I'm a homophobe, and others may go as far as to think that I was paid to bash QBID. In my case, both of those accusations are false. You've got to understand that the people who invested in this company took a lot of criticism for investing in a gay and higly speculative company. I believe many people viewed it as a highly speculative company because the idea of a small pink sheet stock making a major agreement with AOL Time Warner just seemed unlikely. Frankly, IMO, it sounded like hype and a scam.

And now the QBID investment that many people were lured into has turned out to be a flop. Many people, including yourself won't admit it, but you've got to face reality and for once, take a non bias look at the company. I have done that myself, and have concluded that QBID's days of excited investors are over. Many of the biggest QBID cheerleaders are now POed at their investment. QBID is no longer a "search and rescue" effort, but a "search and recovery" effort. Deal with it, and move on.

And since you brought it up, if I thought this situation was, or was heading for, a total flop I'd have shot out of here a long time ago.

No, I think you're like someone who has lost their dog, and a week later is still sitting on the front porch hoping he'll come back. Odds are not likely, but what have you got to lose? Irrational optimism is the only thing that keeps you from accepting that QBID was a flop.

Deep downtrends and negativity are also the very stuff from which the sharpest turnarounds and greatest fortunes are made, particularly in small (read intrinsically high risk) stocks.

I'd like to see evidence of this. I hope you're not indicating to me that IFTA is a good buy now. I always thought that the death of a company's share price is an indication that the company is not long for this world, especially in the world of small caps. I've been following small cap stocks for about 5 years, and that's how it's always seemed to me.

Joemoney

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