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Pastimes : Learning To Invest Correctly - A Shared Experience

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To: Bill Ulrich who wrote (40)7/25/1998 5:07:00 AM
From: EL KABONG!!!  Read Replies (1) of 253
 
Bill,

Okay.

Good points: good current customer list, company in existence since 1984, nice one year growth rate.

Bad points: CEO owns over 70% of the company; recent IPO with high volatility probably due to 'flipping' on the IPO, and cash reserves are insufficient should current revenue streams dry up.

Overall, a high risk investment, but a good one to watch. I'd wager that I can buy in on this one at a much lower price 6 months from now.

KJC
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