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Gold/Mining/Energy : Innomat Solutions Corp (INAT - was Stackpal, STAX)

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To: Bob Fairchild who wrote (523)10/15/1998 4:11:00 PM
From: swot  Read Replies (3) of 580
 
I know I am not a regular on this thread but I was invested in INAT.

I agree, the way things are and the way things are made out to be are often two different pictures. And the ones who suffer are those who believed and invested. The ones who suffer the most are the ones who don't know how to invest wisely. It doesn't surprise me that this company has gone belly up. After all, following the Annual meeting, it was made very clear that funding was a problem.

I, like some others, stayed invested and lost, believing - hoping - that things would turn around for them. For whatever reason(s)... they didn't. Maybe it was manufacturing problems, maybe it was management problems, maybe it was a shortage of cash, maybe it was all of these. But the point is, I believed in the concept, I believed in their approach, and I believed in their management, and most important, I remained invested in what I knew to be highly speculative.

If I turn around now and try to make them, or any of the publicists, responsible for where my beliefs have taken me, then I'm not only lacking conviction in my own beliefs, I'm also going to lose respect from co-investors. Nobody likes a braggart when things turn out good any more than they like a snivellor when things turn out bad.

Accepting it and moving on will allow more grace and humility in our lives than we can ever imagine possible from an experience like this. It is, after all, our failures that teach us how to succeed.

Moving on to the next adventure
martman
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