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Microcap & Penny Stocks : The Chadmoore Wireless Group (MOOR)

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To: A Kor who wrote (1620)6/1/2000 11:51:00 AM
From: strength_in_seattle  Read Replies (2) of 1651
 
Akor,

This board may be less than exciting but Raging Bull has almost 12,500 posts since Jan 2000. Somebody is watching them!

I too, would love to see skyrocket figures from MOOR overnight.... but it ain't going to happen. Take a look at Nextel. It took them seven years to get to -3.88 per share earnings at the end of 1999! They have about 300 million shares out and spent billions. Chadmoore just got started building out just two years ago.... and with slightly more than just pocket change I might add. Only one year with any serious money. This is not a business where the clients are combing their hair in the back seats of their limos or behind a cherrywood desk on the 99th floor in the sears tower...who, at lunch hour, decide to run down to Best Buy and purchase a Motorola iden so they can buy stocks from Schwab anytime anywhere..... no... these are the Sweaty Guys out in the heat of the day pouring concrete to delivering packages. That's not saying that someone won't dream up another use for the 800mhz band someday. Just remember radio spectrum is radio spectrum.... and times are changing. How much time did you spend on the internet just four years ago? How much time do you spend now? What do you think you will be doing with technology 4 years from now?

As you are aware, an important part of investing, besides DD, is vision (being positioned before everyone else decides its a great idea too) and patience. The problem is now we want to run to our computers and check every few minutes how our stock is performing... but the poor company hasn't even had time to sell one unit.

My suggestion: Turn off the computer and go do something meaningful with your family and enjoy the real life. You will feel better than if you had looked at MOOR every minute for the last four months. I will guarantee it!

Good luck with your investment in life....

Jim
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