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Microcap & Penny Stocks : TASA. Can someone with KNOWLEDGE help!!!!
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To: Ralph Bergmann who wrote (53)12/4/1997 8:36:00 AM
From: Bob Davis  Read Replies (1) of 601
 
Ralph,

Regarding your comment, " I came across tasa through the napeage letters from Bob Davis. But I feel that some of his recommended stocks are simply boring (e.g. BMLS) despite being undervalued. I think that in the field of twisting, texturing ... it will take years until anybody is interested this stock (maybe never)."

I have to agree with you - BMLS is boring. Although it is a very well managed business, which has made the right moves to position itself for the future, and continues to generate profits and positive cash flows.... oh god...it is boring!

But actually, I like nice boring investments which make money for me. I have lots of things that I do for excitement, but I try to avoid using really large amounts of money as a means of getting myself excited. I once owned a racing car - it got me excited but it cost me large amounts of money. So did my sailboat. As a result,I quickly found other things to get me excited.

Actually, I am excited about BMLS...and I suspect that someday you will get excited about BMLS too. Unfortunately by the time it becomes exciting, it will have moved up in price and you will have missed a buying opportunity.

OK...my next post will be about TASA...

Bob Davis
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