Spam-List Mentioned on Sunbelt Blog (Sunbelt Software) Re. AGMS

Spam-list (http://spam-list.blogspot.com/) was mentioned on the Sunbelt Blog of Sunbelt Software regarding the pump-and-dump Angstrom Microsystems stock spam. Sunbelt is a Readers Choice 2008 "winner" and PC World "100 blogs we love" recipient.

Angstrom Microsystems (AGMS) (AGMS.OB) Drops 22% to $0.40, a Pump and Drop

Angstrom Microsystems (AGMS) (AGMS.OB), the target of a stock spam, lost 21.57% to close at $0.40/share on Monday (6/16). 331,485 shares changed hands, 10 times more than the 30,000 shares traded on last Friday. AGMS daily trading range was a very wide $0.33 to $0.62. Last Friday, AGMS lost 15% to close at $0.51, a new 52wk low. This 15% decline was ahead of the stock spam campaign that began after the market closed.

Track Angstrom ad AGMS spam here.

Angstrom Microsystems (AGMS) (AGMS.OB) Target of Stock Spam

Angstrom Microsystems (AGMS) (AGMS.OB) is the latest target of a stock spam. Early Sunday morning (US Eastern) an email "how to invest it" arrived in a Windows Live Hotmail account. The email is pumping Angstrom Microsystems (AGMS) following the company's late-Friday afternoon (4:05 pm ET) press release on Market Wire "Angstrom Secures Another Installation." This is a rare case of actual financial details or the realization of revenues being announced! AGMS is said to have received an order for approximately $100,000.00 worth of blade servers at Massachusetts General Hospital [MGH]. However, a review of Angstrom's income statement shows zero revenues over the past year. Furthermore, PinkSheets.com has a "Caveat Emptor" warning label for AGMS.

Angstrom Microsystems (AGMS) (AGMS.OB) lost 15.00% on Friday to close at $0.51/share. It had a wide trading range of $0.51 - 0.64. Volume was only 30,000 compared to average 3m volume of 80k+. AGMS has a 52wk range of $0.51 - $1.61. Based on 16.052 million shares outstanding (as of Feb. 19, 2008), AGMS has a market capitalization of $8.19 million, according to PinkSheets.com. That is impressive considering zero revenues and of course no profits; Angstrom's net loss was $49,000 for the quarter ended March 2008. The company has also undergone two name changes in the calendar year. It was formerly Angstrom Technologies Corp until May 2008 and was formerly Sanford Exploration Inc until February 2008. It is disturbing that the press release is not mentioned on Angstrom's investor relations website.

Angstrom Microsystems (AGMS) (AGMS.OB) stock spam details:

"how to invest it"

The news is out and this one is a bargain

Ticker: agms.ob
Company Name: Angstrom Microsystems
Last week: Fifty One Cents
Recommend: Strong Buy

We have been telling you and now is the time.

June 13th at close, the corporation broadcasted that Massachusetts
General Hospital more blade servers will be installed in their research
and clinical departments.

This order brings the total to almost 100,000 worth of blades installed.

We have never felt stronger about a stock, despite recent pricing this one will take off.

This is the time, get in on agms in the morning on Monday.