To: Oliver Pepper who wrote (81 ) 3/27/1998 7:53:00 AM From: iN vestor Read Replies (1) | Respond to of 377
We all know that news organizations decide which news is worthy to wire, and ofcourse if they want to wire it at all. I found it very interesting yesterday. Reuters picked this up almost immediately, as usual PRN etc... At 1:57p, DOW issued news to all terminals( The majority of brokerage houses use DOW). Not only am I impressed with the wire coverage, but its obvious they all considered this worthy news! I find several impressive values with this small company. The CEO has never sold any of his majority common float ( without his shares the float is very small). In the same value, he has aquired more common float outside of his ownership. We all know this means something. I see it as smart to inform the public as we will all read it in a week or two after the fact. Their coming out and saying so is bold and deals from strength. It has been a long time since I have seen a small company CEO buy on the open market, and get news coverage. This company is obviously your 1 / 10 successful BB stocks. No shell, No crap, very little dilution, small float; and no selling by the CEO. It appears they have some big contracts in the works. They are an outside provider and I see them being aquired before they get too large. Their financial stability is a root of the CEOs financial stability. He has never lived off his ownership and has never issued a statement like yesterdays. All Owners and Investors want better stock value, especially if you have the need to grow. I must assume that his growth and financing could be related to stock value( this is normal), and after investigating I have determined that I am very willing to support this need. In the BBs, its one thing to gamble and another to invest. You should only invest in the 1 / 10 scenario; and ofcourse one can feel free to gamble with the 9 others. Quality can always be seperated from the bad, and as we saw in the wire services yesterday, we have alot of good here. Have not seen any offshore reg s and the filings are odorless and solid like a rock!! This seems to be a very good and opportune investment. Best wishes to all here and the next year may be very exciting for all investors