Is SCOXE fooling anybody?
Message ID: 253124
Posted By: walterbyrd
Posted On: 2005-04-06 11:40:00
Subject: Is scoxe fooling anybody?
Recs: 0
Early on, I think scoxe may have had some people fooled. At this point, I'm not so sure.
Certainly sophisticated investors know this is penny-stock junk.
The funadmentals speak for themself, no history of profitability, horrid financial fundamentals, dwindling cash, no prospects of future profitability, outragous legal expenses, no viable products, delisting and bankruptcy are nearly certain, and scoxe is facing several credible lawsuits against them.
Considering all that, the share price is amazingly high. The market cap is about 10X waht the market cap was before the scam.
The only thing scoxe has is a lawsuit against IBM. Does anybody really beleive that lawsuit will payoff?
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Posted By: walterbyrd
Posted On: 2005-04-06 11:40:00
Subject: Is scoxe fooling anybody?
Recs: 0
Early on, I think scoxe may have had some people fooled. At this point, I'm not so sure.
Certainly sophisticated investors know this is penny-stock junk.
The funadmentals speak for themself, no history of profitability, horrid financial fundamentals, dwindling cash, no prospects of future profitability, outragous legal expenses, no viable products, delisting and bankruptcy are nearly certain, and scoxe is facing several credible lawsuits against them.
Considering all that, the share price is amazingly high. The market cap is about 10X waht the market cap was before the scam.
The only thing scoxe has is a lawsuit against IBM. Does anybody really beleive that lawsuit will payoff?
------------------------------------------------------------
The text of this Yahoo Message Board post has been licensed for
copying and distribution by the Yahoo Message Board user "walterbyrd"
under the following license:
License: CC Attribution-NonCommercial-ShareAlike v2.0
------------------------------------------------------------