Lou, I just have a few questions, I can't quite figure out on Raleighs Number Crunching.
1. "not counting the 15% stakeout in DCIC that is worth $42 per share,which would be worth 6.30, bringing the total to around $61.00 per share."(FTEL)
My question is this, if DCIC distributes their shares of FNET to the share holders of DCIC, and those shares are not in the tresury of DCIC, how can DCIC be worth 42.00? 2. My second question is, if this is everything DCIC/ftel/FNET say it is, and the Bussiness Plan is that GREAT, why did they have to go out of country to get a lousy 10 MILL in Financing? Don't get me wrong, I'm not bashing, I own over 15,000 shares in each. I just noticed, that this was starting to look a lot like WORK RECOVERY. Greatproduct, advanced technology, overseas funding, Fantastic news releases(that always came at the end of the day or at the close on Friday) Going to change the way we live Even had great writeups in bussiness week magazine. stock climed from 1$ to $8 . Everyone was told by the company and president that good earnings were going to be released on monday(at the end of the day Friday) So while everyone was busy tring to go in debt to buy more on monday, the news didn't come. Day after day "be patiant the news will worth the wait. Instead, the wallstreet journal did a number on them and the stock plunged to 2.00 the next day, it is now at an 1/8.
Like I said, I'm not bashing, I just had a few questions, and wanted people to know that nothing is a sure thing especialy the ones that seem to good to be true. So don't risk what you can't loose over night and still go on. WORK hurt alot of people.
VINCE |