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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)

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To: Kurt N who wrote (10023)10/29/1997 10:37:00 PM
From: michael d kugler   of 55532
 
Kurt,

I don't mean to be rude, but read the book again.

One of the things you'll find is that Warren loves companies who have a dominant franchise. RMIL hardly qualifies.

He also likes to see profits. And not the kind that come from debt forgiveness. Just because a stock is in the toilet doesn't make it a value play. Negative shareholder equity and negative book value don't fit his parameters. And he likes companies whose financials are out on time(gggg).

The book is excellent reading. Enjoy.
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