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Microcap & Penny Stocks : WF5L Weed and Soil Studies -- Ignore unavailable to you. Want to Upgrade?


To: JOEY who wrote (18)2/27/1998 1:31:00 PM
From: Redhead  Respond to of 191
 
Jake,

In my opinion,

You are on the right track. I think what we have here is someone who knows how to wheel and deal, but has not had experience with business plans. The dreamers get the companies going, the suits make it run. I think at this stage we have dreamers and planners, but no suits yet. That will come in time. Right now, getting up and running is the most important thing. These seeds seem to me to have been stagnant for quite a while, and this gardener is tilling the soil up. He may not know all the proper names of the chemicals, but he knows how to spread them. He will eventually get all the grass growing tall, but it will take a while. You can't sit and watch grass grow, so you have to have faith that the gardener is doing all the right things. I think most of us are patient people who want that grass to be green and beautiful.

And that is how you make a garden grow.

Redhead



To: JOEY who wrote (18)2/27/1998 1:47:00 PM
From: Leroyt  Read Replies (1) | Respond to of 191
 
Jake,

I appreciate your insight and I look forward to your meeting to discuss WF5L with 1001. I met with 1001 in mid-January and was impressed. During that meeting he gave me an EPS estimate of 0.15 for 1998 which surprised me at the time since I was under the impression that 1997 earnings were 0.21 and 1998 was going to be better.

At some point we will find out how many shares are owned by which insiders but the jump from 24 to 40. CP Brd has made some conjecture but I am not sure on what basis these shares were distributed. I would like to get a complete estimation.

Annual reports typically state the number of shares owned by insiders. Does anyone know when we will get a formal statement from 1001 about this information.

One of the concerns I have heard mentioned several times (and is a concern of mine) is the Morton deal. What is 1001 willing to tell us about that deal?

Thanks jake,
and later, Leroyt