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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (14320)6/15/2005 10:39:32 PM
From: Eva  Respond to of 18308
 
Well usually there is something to be said for advertising , namely to attract. In the case of Co. circulation, the got us on the line (hook and sinker)) anyway, so no reason to spend too much money. We just want the facts and info!

CKG ueber alles :):):)

Eva



To: orkrious who wrote (14320)6/16/2005 9:14:24 AM
From: Tommaso  Read Replies (1) | Respond to of 18308
 
My rule for investing is,

1. The annual report is a reprint of the 10-K: STRONG BUY

2. The annual report includes the 10-K with some additional information and maybe a few black and white pics: BUY

3. The annual report has some color pics of machinery and plants and one group pic of the executives, who are not very attractive: HOLD

4. The annual report is thick, glossy, expensive and has individual pics of important looking people: SELL

5. The annual report is as in #4 but has pics of glamorous-looking people, including some women with attractive legs: STRONG SELL



To: orkrious who wrote (14320)6/16/2005 11:08:06 AM
From: Julian Augustus  Respond to of 18308
 
it's amazing how many small companies spend big bucks on fancy annual reports. what a waste.

Not to them it isn't. That is the first principle all con men swear by. When you are down and out and can't scrounge a few bob to even buy coffee is when you want to look the most prosperous. When you haven't eaten for a couple of days is when you want to put on your sharpest suit, polish your shoes until they gleam, then pay a visit to your neighbourhood banker and make like you are doing him a favor to take his money.

It is a principle I learned first hand as a new investor in this sector in the mid-90s, when I fell for the glossy pictures and hopeful promises of now defunct outfits like Goldbelt Resources and Inter-Rock Minerals. Anybody remember them? Now I avoid small companies with glossy promotional literature as a matter of course.