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Technology Stocks : Trans-Industries (TRNI)

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To: Christopher Brainard who wrote ()10/8/1998 10:20:00 AM
From: Christopher Brainard  Read Replies (1) of 30
 
And another one bits the dust!!!

Three of my four best picks for 1998 are seriously under water. TRNI is the only one I am now selling. Sold my regular position at the open today. Might sell some of the IRA also. Basically this company has no credibility anymore for me. Without trust in management, how can you invest hard earned money. Having a long term perspective is great, but how can one determine what the long term will look like if management seems to have little knowledge or abilitiy to look at the short term actors and forecast business results. They have now missed four quarters in a row, starting with the missed 4th quarter last year. You have to have a lot of faith to believe they assurances this time. FAITH is something I no longer have. If you still have it, I wish you good luck! I will be moving on to many other more attractive opportunities out there. With all the screaming bargains out there, why would you want to risk anything on a company like this one.

So damn much promise and opportunity ... I can not believe these guys messed up so much?

Good luck to all.

Chris ....
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