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Microcap & Penny Stocks : Universal Medical Sytems (UMSI)

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To: ARCHIE P. who wrote (346)11/17/1997 8:32:00 PM
From: Lenman   of 1672
 
Arch,

Actually I have a very relaxed posture about this type of investment. I allow a percentage of my portfolio not in high quality stocks like PG, MO and so on to pure speculation.

You could call it gambling money.

So I have written it off in my mind already. If I get lucky it is a windfall. If I don't, well, that is the "way the cookie crumbles".

There are some out there and you may be one who play these stocks seriously and if so more power to you. I am the managing director of a manufacturing concern in Asia and I just don't have the time to follow and day trade on these stocks like a true investor.

Anyway, good luck to us all and I hope the company pans out during this year.

-Joey
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