I paid for the full SI membership today only because of you Mr. Forthright. I could buy a nice and cool 1K of AMS shares for this money!
Just to clear some air here:
1. The GPW people that left Vancouver last week are to visit the following destinations: Toronto, Montreal and Washington D.C.
Now, Mister, I dare you, make me reveal my source of this piece of information.
2. Your comments about the GPW management indicate that you are either a mental case on a weekend pass or you have some business in smearing those people. Eg., there were several reasons why GPW Manitoba was not included in the IPO last year. Call GPW and talk with anybody. They will tell you.
3. About the Y2K bubble.
So far, it has been a bubble of ignorance and incompetence on the part of senior management of numerous companies and many governments. This Y2K baby may blow in everybody's face. Including mine and yours. Eg. in the survey of Canadian companies 10% admitted they were NOT aware of the Y2K problem. Out of remaining 90%, some judged their Y2K related efforts as advanced, they were in the process of fixing they software and hardware, and some were still analyzing their computing and communications systems.
Now, let's focus our attention on the infamous 10%. Would you really like to experience the world in which one out of 10: nuclear power plants, gas pipelines, chemical factories, water treatment plants, emergency services, government agencies, financial institutions and so on, fail?
Just out of curiosity, how many Russian, American or Chinese missiles in the air can you stomach? None for me, please.
Are you capable of imagining what can happen to American and Canadian economies if the US IRS is paralyzed for, say, half a year?
Do yourself a favour and visit several sites:
yardeni.com
or
this one taken from the kitco site this weekend:
techweb.com Gartner Group, which surveyed 6,000 companies and government bodies worldwide, concludes that the percentage likely to experience failures of critical systems has surged to between 30 percent and 50 percent, up from 10 percent a year ago. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ sunday-times.co.uk Four-day break planned for the millennium. That means most Britons will be able to usher in the new millennium with a one-off midwinter long weekend. setting the stage for a massive national celebration. ~~~~~~~~~~~~~~~~~~~~~~~ Year 2000 bug: banks must tell the world or be cut off smh.com.au The message from American financial sector leaders was that if Australian banks did not send clear signals to the international financial sector about their millennium preparedness they would be disconnected from the international financial system. "They must start saying it loudly and publicly internationally so they don't get turned off," he said. "It is important that for the sake of Australia's future economic performance and international credibility its financial services sector does not become one of these weakest links." ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Dutch warn Kohl on millennium bug -- paper foxmarketwire.com "Kok expressed his concern that the Dutch economy could suffer economic damage if Germany does not do more to resolve the Year 2000 problem,'' ~~~~~~~~~~~~~ Now they start to blame each other?
4. About multiples:
Have ever heard of 'cash in hand'? How much a piece of GPW can be worth if the company sits on,say, $50 mil in 2002? Or $100 mil? And has revenue above 50 mil from not-Y2K business?
Just a question. You are so experienced and confident. I have to admit. I don't know the answers. My gamble, however, is on the long side.
5. Do you know that GPW may report well in excess of 20-30 mil of revenue for the year end in September?
Dare you again, make me reveal my source of information!
5. Why guys like you and your sidekick Mr. Lickman (sorry, if it is the other way around about being the sidekick) appear on threads that cover companies which enjoyed a run-up?
Try to warn me of the danger of speculating in, eg. AMS.
If you don't like GPW, go short. I don't need your warnings. I am a grown up. Can take care of myself. My guess is that you are already short and want to run before the next jump of the stock price. 200K of short shares must be bought back sooner or later, eh?
PS 1. Anyway, where did you hear about stock for $0.01? Could I enlist as such insider?
PS 2. My greed is primary reason why I am speculating in stock. And I like it. Very much, indeed.
PS 3. Long since the second day of trading. Bought more in December. Ready to buy more. |