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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Dec 5 9:30 AM EST

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To: ColleenB who wrote (39664)7/14/1999 12:51:00 PM
From: Siber  Read Replies (2) of 43774
 
Thanks for the link to the financials...I think it was you who posted it.

I'm not even going to look. I don't need to. Someone already said they were pitiful, which was exactly what I expected.

I'm not looking at them, I don't know what is in them. Anyone who expects glowing financials is living in a dream world.

PABN is a new company. They are building, piece by piece, a company with great potential. It takes money to make money. I'm sure the financials show a whopping deficit.

I don't care. I'm not looking at this company for what they have today. I am, though, looking at next year. Yep...next year. I'm not expecting anything from them this year except a loss.

There are stocks trading on all exchanges that showed losses for the first two quarters this year, from OTC:BB to blue chips. Has there been a mass exodus of shareholders selling because of these losses? No.

So...if the financials for PABN look bad...fine. Good for PABN. They are building.

Don't forget...Microsoft started in a garage. Before you jump all over me for comparing PABN to Microsoft....I'm only using Microsoft as an example of a start-up company...which is what PABN is.

Have a good day,
Helene
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