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Gold/Mining/Energy : MADISON SYSTEMS(MADI) Multi Million Dollar Contract -- Ignore unavailable to you. Want to Upgrade?


To: DuGen who wrote (5049)7/26/1999 12:03:00 PM
From: The Philosopher  Respond to of 5832
 
Who? What? I dunno!



To: DuGen who wrote (5049)7/26/1999 12:08:00 PM
From: The Philosopher  Read Replies (1) | Respond to of 5832
 
Hmmm -- I'm so good, maybe I should drop my target to .10. What do you think?

Seriously: a few months ago the stock looked like a clear buy at .15. But nothing at all has happened, and I am geting a serious case of cold feet about this management. And the product -- if it were really any good, they would have been selling more than 10 a day by now. Do you see any reason to think the company will even survive, let alone prosper? Of course, we don't know, since we have no financials. I think with the new disclosure rules there are going to be enough high-speculative stocks to choose from that DO have good financials, that I wonder why anybody (read why I!) would buy a stock without financials. Used to be you had to do that to get into the spec. sector. But not any more.