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Strategies & Market Trends : Floorless Preferred Stock/Debenture -- Ignore unavailable to you. Want to Upgrade?


To: David Sirk who wrote (641)7/10/1999 6:00:00 PM
From: Timelord  Read Replies (1) | Respond to of 1438
 
David - I have done hours of DD and I see a great story just starting to get told.

If you have done hours of DD, you should be able to give us a complete profile on their financials. I, like you, haven't been able to find a thing about this, and it worries me that so little financial information is available.

Alex



To: David Sirk who wrote (641)7/10/1999 6:00:00 PM
From: Zeev Hed  Respond to of 1438
 
Dqavid, no need to self ban yourself, we are all trying to learn. By promising self banning, you imply to bystanders this is a sure think. I am not one wanting to see you lose money. If you are ahead, more reason to get out while you are ahead. As I have explained, with great patience, in few posts today, this one is not only far from being a sure winner, it is closer to being a sure loser.

You say you did hour of DD, what kind, reading SEC documents (the only documents that you know the Pres will be severely punished if he "misstates" the company's case), or having personal face to face or telephone conversations with the pres? If it is the former, share with us where we can find these documents, if the latter, it is not DD, it might even be transferance of the Pres's self delusion, but nothing more substantial, unfortunately. The President's recent business acts surely indicate he has very little knowledge of finance and business management, he has no business running a company either.

Zeev