To: Double Dipper who wrote (8886 ) 3/29/1998 10:55:00 AM From: Mark[ox5] Respond to of 27968
Kevin,I will make one prediction, if there is anything wrong with them [the FINANCIALS] (which I doubt), people will probably go to jail, be fined or both and the stock will suffer an immediate meltdown and the management team who own millions of shares will suffer disasterously. You are right, and that is why this is a logical bet for appreciation. But the Catch 22 in this stock is how do we get our answers? You say on one hand if you are not happy with them not releasing information in a timely manner (or uncomfortable) to go ahead and sell, yet on the other hand we just want them to do what normal REPORTING companies do and be professional and follow up on DATES they SET. So what if I sell my shares as a show of support for the idea of reporting numbers on time? Like it would even have any effect. I will tell you what. In the 3 months from early December to late Feb/early March the company did the same tactics it does now and the price didnt move. Now in the past month the price has appreciated a lot--granted. However, if the price hadnt budged since you bought in a month or so ago, your perspective and everyone's here would be different. My point being.. yes a lot of people have gains on the stock so our point of view are a bit biased. We are like " Well I'd really like for them to act professionally and have decent Press Releases and tell us about where all the newly issued stock is going, and to get the damn financials out.. but you know what? Its ok..cuz I am up 62.3242% on the stock. So I can be patient" Do you see what Im getting at? Its a lot easier to ignore basic facets of what this company should be doing to be PROFESSIONAL (and therefore ACCEPTED BY THE INVESTMENT COMMUNITY AS THE PRICE INCREASES) when the price is going up nonetheless. I know where you are coming from since the price has gone straight up since you bought in, but that doesnt invalidate the fact the company has some serious faults as well. Once again, if the price goes to $2.00 in 4 weeks no one will care about press releases and financials or whatever. I'm just trying to make a point. Mark