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Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI)

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To: Jeffrey L. Henken who wrote (47)3/4/1998 6:12:00 PM
From: Meisterama  Read Replies (1) of 2887
 
Jeffrey,

Your post is very reasonable. Too many times, on these SI boards, one sees posts from folks claiming to have close contact with a firm's CEO, going on and on about how "the CEO predicts this" and "the CEO believes that" and "the CEO privately tells me whatever."

I've worked with plenty of business owners, and none of them has ever said to me, prior to their failure, "You know, Tom, this company is going nowhere and I have no confidence in my leadership." The good CEO is SUPPOSED to be the true believer, the cheerleader, no matter what.

I think we are all wise to take positive CEO pronouncements, whether public or private, with a grain of salt. Still, I VERY much appreciate your sharing your insights on this board--your rational tone speaks well of your credibility.
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