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Microcap & Penny Stocks : Sanctuary Woods recent sale, should you own the stock?

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To: Bart Sampson who wrote (48)11/14/1996 2:01:00 AM
From: Kent Kuo   of 341
 
Bart,

Lets see....you go from $4.5 million loss to $400K. Now, while that
isn't a money maker, it seems like you shed some problems here. So,
I would have to respectfully disagree with you about CW's decision
to sell the entertainment division. On this, it is apparent that
we can agree to disagree since I have heard you state your opinion
over and over again.

Again, an investor today buys at .25/share. Buy $50 worth and you
get 175 shares. What is the big deal? If you don't like to gamble
the $50 with SW, go find another stock you do want to spend $50.
Arguing about the positives and negatives of a company based upon
fact is far more valuable than staying rooted in the past about
how things went wrong. Focus on what they are doing and state facts
about how this is wrong...not just opinion.

For example, today I visited both a local Incredible Universe and
Price/Costco. In both places I found SW products. NFL Math (which
is being touted by the NFL and its players), Major League Math,
and Franklin's Reading World. Does it sell....quarterly sales
will demonstrate that. In any case, it is more exposure than
I used to see last year.

SW has released six new products, even with their problems. They
have more coming out next year. How well they do will demonstrate
whether or not this company stays in business. The recapitalization
buys them more time to turn around. Companies like Edmark are
being bought by IBM. I don't know, I think CW is doing the right
things to sell this company. The latter being my own opinion.
Thanks, Kent.
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