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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!
NAMX 0.00010000.0%Nov 7 9:30 AM EST

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To: Sidney Reilly who wrote (4401)9/12/1998 9:45:00 AM
From: Larry S.  Read Replies (1) of 4736
 
Bob Sturgeon you amaze me. You were the number one advocate, now the number one nay. Don't get me wrong, I understand you lost money, all of us that have invested in this stock back in the lofty days of high expectations for the em sounder technology have probably lost money. But did you really expect this stock to go through the roof without a hitch??? My thoughts were that hay, its a high risk, high reward scenario -- I can put my money down now and in ten years either I'll be either laughing about how much money I made or laughing at how foolish I was on this pick. I'm not going to hold Stamm out as a evil horder - just taking our money and running, because he did exactly what we did and more. He bet his technological credibility and business acumen on the potential that em sounder represented. If you ever started a business you would understand that the entrepreneur puts a whole lot more of his life into an endeavor like this than any investor ever does. I still salute him and all the other entrepreneurs that take the risk for the sake of gain. It's what has made our country great.

So give it a rest. If Stamm had anything good to say, he would have said it. The underlying technology may or may not be proven as valid, but as long as he is still trying what's the harm. And sure, I understand its a public company and he has to let us know what's happening at some point, but come on... what would you do in a similar situation, spend your time making reports or spend your time trying to making the technology work. If you picked the former, let me know cause I won't ever invest in any company you would start. Stamm's in a tough jam -- I don't envy him a bit. Its funny how everyone seems to what to jump on your bandwagon when everythings going ok but becomes your worst enemy when things go bad or you make a mistake.

Regarding your investment, if you put your last dollar in this then you are the fool. But why let others know that by your obvious 180 degree reversal. Isn't it better to just monitor the situation at this point rather than antagonize it. I'm sure that's what marty's doing. If something new is uncovered and you find out first report it.. but otherwise why opin when no news exists. And if others want to invest $1000 or $100,000 what's the problem. I'm sure they are adults, understand the risks and don't need your ridicule.

I don't know Stamm from the next man, but I'm sure your posts won't make him do any more that he can do or is doing. Remember this was his baby before you started babysitting. Don't become one of the forces that chokes it out of its last breath.

Larry S.
Entrepreneur
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