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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Pink who wrote (54717)4/19/2000 12:39:00 AM
From: Sword  Read Replies (1) | Respond to of 122087
 
So the Life Foundation Trust paid $5 per share for 2,000,000 shares that are now worth 70 cents a share. They lost $8,600,000 or 86% of their investment in one year. And their goal is to provide "the provision of food to the hungry, clothes and shelter to the needy, education to the unlearned and to minister to the spiritual needs of all people."

I'd say that Jeanette Wilcher, the trustee of the trust has made one of the worst investments I have ever seen. How many hungry will go unfed and how many without clothes will go naked and how many without shelter will have no place to lay their heads and how many with spiritual needs will die without hope? $8,600,000 properly managed can relieve a lot of suffering.

-Sword