JAWS;A P/E of 2 with 150%/yr Erngs Growth!! Message Board

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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!!

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To: Jim Johnson who wrote (3916)	3/27/1999 2:20:00 PM
From: Zeus549	Read Replies (1) of 4230

Jim, I agree with much of what you have said. People who take risks in the financial world do take the risk of possible bankruptcy along with numerous other risks. There is no question about that and I totally agree with your assessment of learning from those situations. If anyone has any doubts about any of that there is a highly instructive narrative I've read (but cannot lay my fingers on at the moment) concerning all the "failures" of Abraham Lincoln. It is very instructive for those who view all failures as negatives. But here is the rub. Being honest about ones shortcomings and failures is a matter of character. Apparently in this country these days there is a pervasive attitude that a person's personal character doesn't somehow matter or somehow shouldn't matter. IMO, one of the biggest piles of bullshit to come down the pike lately. How one deals with their failures and owns up to them says a great deal to me about what kind of person they are and will extend into influencing their ability to conduct their own personal business or public business. We as individual shareholders are very much at the mercy of management in what we are able to actually know about a company, especially a BB company which is obviously why a Form 10 is so important. With a fully reporting company, it puts another hurdle in the way of possible deceptions. It says to shareholders that management is willing to meet a more stringent requirement for reporting information about this company to the public. Hopefully,this will be a large step in the right direction towards winning back some lost trust.There is an old saying that goes like this, "Fool me once, shame on you, fool me twice shame on me".I will pick and snipe in order to constantly remind management of the fact that I do not intend to be fooled more than once. I believe they have a good thing going, I would like nothing better than to wish management the very best in their pursuits, but they must keep in mind that there are many others with an interest in this besides themselves. This is NOT Colin's company, it is OUR company. If he wants it to be HIS company then he can take it private again. I have no problem with that either. Off the soapbox for now.

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