Dan, thank you very much for your most interesting observations. I will take your much appreciated viewpoints under advisement.
I do not know if the meeting was hyped or not, some percieved it to be as I am sure some percieved it to be just what it was; a company telling prospective investors about their projected plans. These type of meetings go on all across America each and every day. I for one did not post about the upcoming meeting. Was it hype? It would depend on a person's viewpoint. I ignored all comments about the upcoming meeting except the following: time, date, place and who would be attending. That is all I cared about as I felt I would get the true picture by going. I do not believe anybody at the meeting would say that the DCTC Executives were hyping. It is the nature of some independent people to overexcite and overstate just as it is possible for others to misconstrue or understate. It goes with any area where a lot of personalities are involved. New people to these boards should be particularly aware of that.
By the way, I apply the same qualification to these investment banker meetings. They happen everyday all across America. Information about these type of meetings is usually never available for public consumption. Why? Unless the deal is in ink it is still too fragile to discuss and lay open to public attack, misconception, and general lack of understanding. I do not think that any Investment Banking firm holds kindly to their potential business deals (they have competition and reputations that they are fierce about) being put out on the street. I do not expect the details of any of these meeting to be released nor do I hope for them to be released except through official channels and then as an official release.
The same goes for this "big" customer FTEL is supposed to have. They probably do have new customer(s) but by the time the guessing gets over with people may be disappointed unless it is General Motors or larger, some few people may rubber kneed again.
I am glad you understand about guts (in my mental fortitude explanation I mentioned the raw term of guts). Hey about Vietnam, were you drafted or did you sign up? I know a lot my friends were there yet only one signed up; the rest were drafted. Talk about depending on people, I'll bet you learned to depend on yourself a lot while over there. I admire you for it.
I am not annoyed with anyone who did not attend the meeting for whatever reason. If you got that interpertation it was an icorrect interpertation. I stand by whatever comment I said previously and consider the meeting of the 17th as the past. I am ready to move on to what comes next.
Now, I am going to let both FTEL and DCTC work out the Investment Bankers meetings and allow them to do it on their own time in their own way. Why? beacuse I believe thay know more about what they need
to implement FNET than anybody on these boards. Also, our second guesing could bring more harm than good in my opinion.
I didn't sell any of my holdings either<G>. For the record, the only thing I am VERY annoyed about is I'd like to have triple my position here but I've got somethings tied up.
I have said it before and I will say it again IMHO we are on a fast moving train. Things can change minute to minute. I do not think anyone here is purposefully lying. I believe when they say it, they think it to be true of Joe and Frank at that moment. Yet, I can only say in a large all encomapssing way that I BELIEVE the FNET/FTEL/DCTC can be successful in their endeavors. That is something investors can
profit from.
On knowing and believing in anyone or anything I leave you with this
observation. The difference in knowing in believing: The first moment a mother hold her child she KNOWS it is hers. A father who holds his child he BELIEVES it is his The moral is that believing takes a lot of faith, knowledge, and trust. My mother knows today I am her daughter and my father believes it.
These are just my opinions.
Regards to everyone and have a wonderful weekend!
Debra Watson |
