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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes

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To: Dave Gore who wrote (24384)6/8/1998 7:09:00 AM
From: Mark[ox5]  Read Replies (1) of 34592
 
Dave-- one comment

I think you put too much emphasis on PR firm based on DGIV experiences. I know some of the "quiet, big investors" on SI who dont want to touch a stock with a PR firm (in their view bad business practice) because they feel its just like giving away money/and or stock for limited value back. They prefer a good internal IR department. Lets face it, the majority of PR firms dealing with OTC-BBs are shabby at best. Yes there are one or two good ones, but just dont understand why PR firm is a "criteria" for you to pick a stock.

I think with the fiasco at DGIV 2-3 months ago you can see just out of the loops PR firms can be.

I just was looking over your criteria to buy a stock and I know a few that you have listed as "good stocks" which do not have a PR firm, and I wonder if it should be a limiting factor. Like I said, some bigger names here on SI that I have seen dont even like to buy stocks with a PR firm because of the cost and question of return value. Of course, I understand your view that a good PR firm can help as well...

Mark
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