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Technology Stocks : Future growth stocks of 1997
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To: Paul Schmidt who wrote (350)1/31/1997 2:52:00 AM
From: MENSO   of 391
 
Paul (& All): Thanks. However, I am not even going to attempt to answer your very valid questions/concerns, because I feel that they have already been answered/debated plenty on the CNTR thread. So it might do you some good to check out the thread anyway just so that at least you feel you have made an *informed* decision.

Yes, there are of course thousands of other companies out there, but few where you can realistically expect *aggressive* growth without very literally risking your shirt on it. But to each his/her own, right? Many like so-called penny stocks and are willing to accept the significantly much higher level of risk in exchange for also significantly much higher *potential* returns. Some loose big time and some win big time.

For example, just the other day a friend/co-worker suggested I buy shares in United Restaurants when it was trading at 90 cents/share but I turned him down because I know absolutely nothing about that sector. Earlier today he told me it had closed at $3 and cents (I forgot the exact closing figure) and besides congratulating him I really had no regrets not to have purchased. I did not know anything about it so it seemed like a crazy idea and I did not buy. Today I could have realized 300% plus profits if I had! Could it be that perhaps you are being equally conservative when it comes to CNTR?

Nothing wrong with that if you are. But outside of fullfilling my desire to contribute something back by spreading the good news *widely* across SI, I really couldn't care any less whether anybody here actually buys or not. Do you or anybody actually believes that SI's 112,000+ registered investors can really have a significant impact on any one stock? I hope not, so why would I be interested in "hyping" a loosing proposition?

I wish you the best of luck too, but I wouldn't expect CSCC to double or triple in value anytime soon; and CNTR already has already doubled once in only 3 1/2 weeks!
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