To: DDuncan who wrote (24244 ) 12/6/1997 4:22:00 PM From: michael d kugler Respond to of 55532
Yeah, I've got the video games going in the backround too. If you want me to answer the question regarding this company's ability to make a go out of the bottled water business, I can do that. What you should be asking yourself, as a shareholder, is why the company is seemingly shifting gears from clothing to water. Let's face it, the company made a lot of claims about the amount of business coming in from the garment business. They were going to become a "force" there too. Now it appears that a lot of those claims won't come into fruition. Now the party line is about how well they can do in the highly competitive water business. If the company can maintain even 6% margins, a $30 million (I heard 20) order would still add only $.09 to the bottom line. Can they grow long term? Sure. Will it be tough? You bet. Can you make any money on this stock due solely to the water business? I don't know. You have to ask yourself also just why RMCW needs RMIL at all. Why would Puhr, if he can get all this money all by himself through his connections with Wan and Liang, choose to share this good fortune with Morgan, Breton, and all of you. What has been most bothersome to me is the disparity between what the company has said, and what has actually happened, in many cases. I'm not so sure I would take any of the numbers being bantied about here with any real expectation of actually happening. The company hasn't released any official information. And the company/Riley seem to be all too ready to release information about lawsuits against me, but seemingly won't give us complete answers to the situation in Nicaragua, the financials, and float/share information. I have to assume that Riley gets his information about lawsuits from the company. Perhaps you should ask him just where his information regarding this really comes from, and why it is so important that this, rather than material company news is chosen to be disseminated on this thread. After all, nothing they can do to me would affect this company's chances for success.