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Microcap & Penny Stocks : Chester Holdings, Ltd. - CHES
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To: TOPFUEL who wrote (288)7/8/1998 8:16:00 PM
From: Baldur Fjvlnisson  Read Replies (2) of 1174
 
Here is a variation on an old joke, stolen from another thread. Perhaps Mr. Daniel Miller hasn't heard it before.
-------------------------------------------------

A container ship carrying a lot of canned sardines sinks in
shallow water just offshore of its destination port. The insurance carrier auctions off the
right to salvage the containers with canned sardines (sight (and condition) unseen).

Someone buys them at 2 cents a can. It turns out he was right. All that is wrong is that
the paper labels were ruined. He has new labels put on the cans, and sells them at a
profit to a food broker for 13 cents a can.

The food broker eventually sells them to a regional wholesaler for 17 cents a can.

The regional wholesaler sells them to a large grocery chain for 21 cents a can.

The grocery chain decides (at the last minute) that they are afraid to sell canned
sardines that have been re-labeled, so sells them (before they ever got on the shelves)
to a more flea-bag grocery store chain for 21 cents.

This chain decides to try and just "broker" the sardines, since 21 cents is still way
below the normal wholesale price. They eventually do sell them to a small grocery store
chain for 28 cents a can.

When this chain is about to put the sardines out on their shelves, someone at the
company open a can to taste it. The sardines are terrible, and he calls up the last seller
of the sardines to complain.

He responds : "Them sardines aren't for eating, they're for trading."

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