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Microcap & Penny Stocks : VLVT (was CSMA)

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To: Gary Jacobs who wrote (11146)3/7/1999 8:06:00 PM
From: Richard L. Williams  Read Replies (2) of 11708
 
Gary--
I can't point to anything about my CSMA investment right now but a gaping red spot in my portfolio. I agree that the Class V well is likely not receiving a nickel in revenue at this time. I agree that projections have not come to fruition as the company had hoped.

This is a bulletin board stock. If it was a proven winner, it would have a high share price and likely be listed elsewhere.

Things have not worked out as planned...tell me that doesn't happen with any of your other investments. The potential still exists. That's what keeps me hanging in.

I held WOOD three years before the rest of the world saw that it had some potential. That's the sort of patience I am willing to extend to CSMA.

Cheers!
Rick
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