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Technology Stocks : ESVS vs DCLK -- Ignore unavailable to you. Want to Upgrade?

To: slipnsip who wrote (395)	3/3/1998 3:22:00 PM
From: OtherChap	Read Replies (1) \| Respond to of 717

>If management is not credible, then you are almost guarenteed to be >left holding the bag, thus watching the company fail and losing your >money. any company that wont even tell you who it's CEO/president is has no credibility in my book. we all know it's that aussie guy who has a black track record, they just dont want to admit it. and as a non-reporting company, they dont have to!

To: slipnsip who wrote (395)	3/3/1998 3:54:00 PM
From: BlackStar	Read Replies (2) \| Respond to of 717

This is a situation where you are hoping to help finance the company by buying their stock in anticipation of positive substantial earnings some point down the road. Expecting that the money the company gets by issuing shares will be plowed back into future growth or continuing operations. Ok, so I had it right. The company earns money once for every share they sell. After it is sold to the principal underwriter it is on the market and is traded as an instrument of finance that holds a value somewhat proportionate to the financial status of the company. The only help I possibly extend the company by buying stock in (from) their company is that the market value of the company may go up and thus increase their financial status. Did that sound correct? I asked because I saw a statement from an otherwise informed poster that implied something else than the above. Thanx for laying it out for me in such detail. Now here is where management is important.. Who is running the ship?? What are they planning to do with the cash??? Are they putting it to work back into the company??? Is management credible Agreed. If there is no trust in the management the valuation (PE ratio) goes down. I don't think that the books will bring us up to DCLKs level. There are a lot more to an IPO than that. Business plan, cost structure, forseeable problems and their solutions and so on. My hope is that NETZ grows into it. The immediate future is crucial. I have taken steps to get my principal plus a modest overhead back. I still have a position and I will stay with this puppy until it either is fully grown or is truly terminally ill. Good luck to all longs!