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Non-Tech : NCCI - Nashville Country Club Inc.

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To: BILL TURNAGE who wrote (10)6/3/1997 9:56:00 AM
From: Lars   of 32
 
bill

part II
>>>>>>>
my greatest worry at this point is that they are missing a wildly successful bull market where you can do secondaries and receive great publicity.........if they continue to wait i have a feeling/gut feeling that they will be ready when the market decides to pull back for a temporary bear mkt.......i am sorry but i like to call bear markets "close out sales".......but the problem here is ncci is already in the gutter.......and i swear that i think these small firms are manipulating the price.......not provable of course nor would anyone care on a comapny with 2mm outstanding/4mm shelf if i recall correctly..........

bottom line: THEY NEED TO START MKTG THEMSELVES OR HANG IT UP.....I AM A LONG TERM INVESTOR BUT I HAVE A RULE FROM THE GREAT VALUE INVESTOR PHILIP FISHER.....WAIT ABOUT THREE YRS.....IF NOTHING IT MAY BE TIME TO MOVE ON B/C MGMT HASNT SOLD THE IDEA...........

fwiw,
lars
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