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Gold/Mining/Energy : FASC (First American Scientific Corp)

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To: jmt who wrote (550)10/14/1998 11:58:00 AM
From: Coho  Read Replies (1) of 972
 
jmt,
My buddy split his gut laughing yesterday when I told him FASC had potential. He said "Yah Elving, a 2 cent cent stock has potential." My buddy is a blue chip investor who thinks any stock not bought on its price earnings ratio is a gamble. Of course this is the same guy who invested in emerging market funds. Who's laughing now?

I think we should all challenge any claims made by the company and on the thread. No one should buy on hype. My own investment philosophy for these high risk penny stocks is, if after examining everything, if the price is seems too low then its worth taking the risk.
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