Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Eutro ( EUTO ) -- Ignore unavailable to you. Want to Upgrade?

To: taz man who wrote (2029)	12/2/1997 10:02:00 PM
From: Theo	Read Replies (1) \| Respond to of 12043

Taz, ~~"Brad was very tight lipped about what was going on with the company."~~ When it comes to serious legal matters, that is the way it will always be. And it should. As shareholders, we have to realize that we are not only investing our money in a company per se, but, also into the managemant as well. That doesn't mean that we accept everything they do or say as "gospel", but, we are paying for their leadership. A certain amount of trust is expected. I'm always amazed at the posts on different threads of people who complain the minute their question isn't answered by the CEO. Right away it's a scam or someother obnoxious claim. (I'm not referring to you or EUTO!!!<G>) Having done a fair share of DD myself, I've found that sometimes my timing is way off and I find out later why I couldn't get this or that information. I've learned through trial and error that patience is a very hard thing to display, but, is probably the number one thing we all need to exercise more often-other than DD of course.:) I will probably get flamed for this thought along with particular examples to drive the point home. Save it folks, there is always an exception to every point of view and I'm aware of them...<G> I'm still convinced, however, that DD is very necessary, but, the expectation of "Blue Chip" responses to BB stock questions is naive IMHO. Does that mean I think you shoudn't try? HECK NO!!. It never hurts to try<g>. You may get lucky with some "insider" info!! ~~~"I think only time will tell here, if brad is more open and reveals more info about "sensitive subject matter" like Allen was given yesterday, the winds have dramatically changed here."~ I gotta admit, that from what I've heard and seen on this thread, Brad has been very forthright and upfront. While I've wondered why things weren't going the way I thought they would, I never considered it to be a "management" problem. I'm still quite comfortable the way things are heading. Notice I didn't say "the way things are now". I would much rather have had this 50 mil share taken care of, but, it's obvious it's out of our control and the company is doing what it should. Therefore, I'm still patient.:) ~~"so why is the stock at .825 again???"~~~~ Well, we know what is happening because of SI, but, there are alot of others who don't yet. As long as there additional shares to be had and sellers selling, it won't move. But just wait!!<G> ~~"Also , I am wondering how well financed are the 4 companies involved ??? Hopefully they are capable of a sizeable loss. out of curousity, what would happen if they defaulted or went belly-up."~~ Believe it or not, you got me. I haven't the foggiest idea. ;-) Hope this helps. (Getting off soap-box now) Theo

To: taz man who wrote (2029)	12/2/1997 10:45:00 PM
From: Doug Gallian	Respond to of 12043

Taz, You stated "Also , I am wondering how well financed are the 4 companies involved ??? Hopefully they are capable of a sizeable loss." Why do you think they would take a loss? Let's hypothesize and say one company sold 10 million shares as this stock climbed out of the ashes to .27 on 9/9/97. Let's say they sold during the 3 or 4 days up to and including 9/9. Let's say they averaged a sell price of .15. That netted them 10,000,000 X .15= 1,500,000. Take this and subtract the 20,000 they paid for the shares and their profit was $1,480,000. NOT BAD! Now they buy back the 10 million at an average price of .09 ($900,000) and they're still profitable to the tune of $580,000 . This is a minimum because it doesn't take into account that they probaly invested the profits during the last 3 months and gained more profits! Also don't forget the $35,000 they'll get from EUTO when EUTO buys back the shares. Don't feel too sorry for these guys. If I had 10,000,000 purchased at .002 and saw the price at .10... .15 ... .25 ..., I'm sure I would have been tempted also. They've already laughed all the way to the bank! Take care all, Doug