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To: Steve Smith who wrote (14841)	1/20/2000 8:01:00 PM
From: IEarnedIt	Respond to of 118717

That was nice Steve. Thanks, even though I had totally forgotten about what you had said till now. I love turnaround companies and have done well with them but I do understand that in those there are always people who have gotten burned. I've had my share of burned too and it's not fun. IMO a good turnaround is a far safer investment than say an IPO simply because the company is aware (usually via lawsuits) of potential damage, consequently they have a big tendency to "understate" everything on the way back up. Does take allot of DD though. Thanks again :-) JD