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Pastimes : Mr. Forthright's fictitious portfolio
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To: Mr. Forthright who wrote (35)8/2/1999 5:46:00 PM
From: Mr. Forthright   of 94
 
GTR: The market seemed to have liked to first quarter results. However they didn't set the world on fire. In all fairness they came out on a brutal stock market day (Thursday).

Although I think the company is heading in the right direction I will wait for another quarter before pulling the trigger on it. However, should they announce something meaningful - and something that makes sense - with respect to their Internet strategy I may reconsider my position. Obviously the market reaction may help with me with my decision.

I am making these statements publicly for two reasons: 1) to help my fellow SI members better understand my investment philosophy and strategy with respect to small cap investments and 2) to illustrate the point that there is never any good reason to rush into a stock and that a good knowledge about a company is a good thing before investing.
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