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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook

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To: Gator who wrote (727)10/28/1998 9:23:00 AM
From: Jay D.  Read Replies (1) of 8858
 
Just speaking in general terms here not necessarily SNMM, but Peter Lynch said you should look for companies that are making both top line revenue growth and bottom line earnings growth, otherwise don't bother, this will eliminate 9 out of 10 companies here in pennyland and save one a lot of frustration. Sure you miss the initial big surge in price that happens when a company first starts to "fly" but you also miss the 9 out of 10 that never start to "fly" and end up crashing down and burning up all your money! There are so many great "stories" here in pennyland but the only thing that really counts are the financials: earnings and revenue, without them stories are just that: STORIES!!

Jay
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