To: Jamie Orr who wrote (6427 ) 3/15/1998 12:02:00 AM From: JIN CHUN Respond to of 27968
Jamie, there have at times, been instances when LE's posts have prompted me to do further DD on the companies that he used to post negative information on FAMH. IMO, what motivation does one have to spend all of the time and energy it takes to even do a web search, or to cross compare companies, do a sector analysis, etc? I would think that this being a stock issue, the motivation would be money, or at the very least ego-self defense. I remember a time, recently, when many of us who actually are vested in FAMH were patiently waiting for a news release. If you access the thread as many do, then you see postings by their first line only as you see the list. He posted a fake news release, although an obvious parody, but fake nonetheless. Kosher? I don't think so. Reasonable, I don't think so. Am I bashing LE? I don't think so. Am I getting personal, or defaming him in any way? No. I am simply asking reasonable questions. I think I have a right since this is the FAMH thread and I own shares in FAMH. Point: LE cites a company, STFF for example, and uses it to cite how FAMH's valuations are too high or their numbers don't add up, etc. I then research STFF and find that they are coming off of a negative year, and still trade at a market capitalization of 35.5 times trailing earnings. Point: he uses Novacare to show how FAMH's numbers don't add up. I research Novacare and find out that all they do is service their parent company in administrative tasks only. All of this information is easily found. In fact, you would find it before you would have found the other info LE used to show how FAMH isn't a good company. What kind of spin is that? Am I becoming a zealous defender of my money? Yes! I think I have the right. But when someone posts a false news release, or says that the trading will be halted, or calls the company either a scam or a pyramid scheme, I think that all who are shareholders of FAMH should be outraged. I'm not the only one, and if my own personal diatribe gets unreasonable, I will gladly take my foot out of my mouth and apologize. Motivations? I own shares. Let's ask the others what theirs are. Good Luck in getting an honest response. Jin.