To: Fredman who wrote (13378 ) 7/27/1999 12:15:00 PM From: Wally Read Replies (3) | Respond to of 15313
Fred: Keep in mind that all of us, regardless of position and regardless of tone are a bunch of best-guessing shlubs. When we guess right it's more a case of luck over science. I try not to be too hard on the soothsayers, naysayers or polyannas. Most of us strive for balance, but we're all political animals by nature. There is never enough info out there on any company to guarantee a stockholder riches. In a BB, we're dealing with even less info - so we do a lot of guessing.. and pray. As for "events," we all agree that achieving full reporting status looms very large in importance. Reporting will go a long way towards legitimizing this particular company's intentions. Having the open mind that I'm famous for (insert laugh track ) my opinion has changed on one point - I was very glad to hear that they are back on track with that pursuit. While (at some point) raising corporate net worth and increasing capacity through acquisition is a positive concept, from a stockholder's perspective FNTN can do nothing more important and more trust-boosting than gain reporting status - right now . If FNTN has reconfigured their financial horse and the cart and put off the acquisition it may be in everyone's best interest even if it means creating a future and separate filing. While very legitimate, your concern over "event after event" coming and going is not going to be a concern for long since the SEC has given FNTN a finite number of months to attain their goals. So let's all come up for air, step back and take it one "event" at a time - starting with full reporting. Otherwise, all else is moot. Regards, Wally