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Microcap & Penny Stocks : Eutro ( EUTO )
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To: Emec who wrote (1682)11/22/1997 5:27:00 PM
From: Whitetigr  Read Replies (1) of 12043
 
thanks, I can see your reasoning there but there are opportunities for all types of companies to make a name doing different types of consulting and other services and it can be a successful nitche to fill. By your reasoning there would be no reason for consultants or real estate agents in some states and in others there would be no reason for an attorney for a real estate transaction to do a closing since everything can be handeled by a title company and the buyers and sellers. There wouldn't be a need to purchase stocks through a broker for some stocks other than for your first share since there are companies that have Drip plans but people still do it. Actually since everything that a company like BRK.A does can be handeled by other professionals maybe Mr Buffet should be more careful in what types of business he associates himself with. I am sure that a company wanting to go public would find it in their best interest to have someone handle many of the details that need to be taken care of. Someone has to be able to tie everything together with all involved and in many cases the law firm, CPA firm and underwriter are specialists in their own areas. Should a company going public want to make sure everything is done as efficiently as possible it would make sense to do this. This we have seen demonstrated in many service businesses that are successful although they can be eliminated. We all know what kind of problems we can encounter in different situations if not everything is done properly the first time.

Your being a former shareholder then you know that Eutro has gone back to it's former business plan before they became sidetracked in other matters. <and Floyd is back in charge> So the suddenly dosen't really fit in this area. If you are concerned that their alleged business smells please share your info with us on how you came to this conclusion especially if you know something that we don't. We must just see things totally differently in service businesses. In any case best of luck in your ventures.

Whitetigr
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