Computerized Thermal Imaging CIO (formerly COII) Message Board

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Microcap & Penny Stocks : Computerized Thermal Imaging CIO (formerly COII)

CIO 6.940

+2.1%

Dec 5 9:30 AM EST

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To: Tom Knudsen who wrote (28)	3/18/1998 4:44:00 PM
From: Gwolf	of 6039

Tom, My original purchase was at $1.25 per share and I have bought stock all the way down, so I am also under water. I am fully aware of the bright outlook that was given concerning the Chinese contracts. I had some lengthy discussions with both David Johnson and Dave Packer about those contracts. I think you would need to talk to them about this, because the Chinese don't do business the way that we do. The Chinese have a complicated system of getting money released and of course there has been a major shake up in the country since their leader died. I was told that those contracts could be completed anywhere from 2 weeks to 2 years so I have never really factored them into my investment thinking. Am I a believer, yes I am. I have expressed that I am a long term investor not a speculator on this stock. I sat on Intel for years waiting for it to come to life, but it finally paid off. I do know that through all the time that I held Intel in it's infancy I got pretty discouraged and at times even sold off portions of what I held. I think it was that experience that taught me to do my homework and then hold on for the long run. Am I discouraged that the stock price isn't higher on CTI, I'm human and yes I wish it was higher than what I paid for it, but I don't think bashing the company is the way to accomplish that. I have never talked with Ed Holt, my discussions have always been with Johnson and Packer, the Chairman and President, maybe that is who you need to talk too. The company is in FDA trials, they have arranged financing, what would you be doing different if you where running the company ? Being an arm chair quarterback is always easy but when you actually have to do the job it is a different story. So I'm curious what would you be doing different. Gwolf

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