To: Roo who wrote (3077 ) 2/12/1998 12:22:00 PM From: Brad Read Replies (1) | Respond to of 27968
Hi Roo! I'm just as impatient as anybody here. I want to see this thing go right to moon... and I want it there TODAY!!! It might sound like I'm "close to Ira." But I'm not. I just talk to a lot of people, fax and e-mail a lot of questions, and just generally keep poking around here and there. Since you asked, and I believe your request is sincere, here are my thoughts regarding MY money (please make your own decisions pertaining to YOUR money). The only thing about the low stock price that bothers me is that my latest buy could have been for less than what it was. It just means I could have squeezed a few more shares in. At this point, my questions about where FAMH is going have been adequately answered to my satisfaction (including every question I have seen raised on this thread). To me, it's now just a matter of patience. I am convinced I will see this stock in the $4 to $5 range within the next 6 to 12 months. And unlike some other BBs, I DON'T expect it to just spike up there and then drop to the floor again. It doesn't bother me that there won't be a conference call today. I think there ARE other things that are taking precedence right now and I'm fine with that. A conference call today would not likely have great impact on the stock price at this point anyway because we already know what the President expects the EPS to be. However, the impatient part of me wants ALL of these things to happen NOW. But my experience in running businesses reminds me that things don't always happen exactly on schedule. If it was just up to Ira, I think he would have had all of these things done. Ira can push people, but he can't "force" them. I think Ira is just as frustrated as the rest of us. Sure, he probably shouldn't have given specific dates. But he did and he has to endure the consequences. I've been in that situation and I know the embarrassment and the headaches when I'm wrong. I think that "myopia" best describes the general theme of most of the people on this thread, especially over the past 2-3 weeks. MYOPIA: A visual defect in which distant objects appear blurred... Shortsightedness. It's easy for ME to get myopic sometimes as well. So I have to step back and look at the overall picture. Reviewing my notes tells me all I need to know. If a person does their own research, they can come to their own conclusions, make their own decisions about their own investments, and answer only to themselves for the results. Roo, as you pointed out in post #3086, ANYTHING posted on this thread could be right or wrong. Don't be swayed pro or con by my posts or anybody else's. As easy as it is to get wrapped up in this thread, I don't think this thread is going to determine the outcome of my FAMH investment. The most it can do is cause little ripples in the overall program. Find out all you can and invest according to your own risk tolerance level. (Sorry for being so long winded.) Best wishes, Brad