To: Jonas Grumby who wrote (12451 ) 4/17/1998 11:21:00 AM From: John Fairbanks Read Replies (3) | Respond to of 27968
Jonas, realistically, I do think people are keeping an open mind. The last few days have been anything but cheerleading. I've been burned myself (DACQ) and have learned not to take the things stated by management at face value. Granted, you *should* be able to do so, but it doesn't work that way in the real world. That is why we have done a lot of independent DD that did not depend on statements by the company or phone conversations with the company officers. For me, the big concern was verifying that the business even really existed... if you are familiar with DACQ you understand why I felt that we so important. ;-) Before I committed the kind of money to a stock that I have to this one, I made sure I visited an office myself and saw that the business was real. Others on this thread have gone and visited the other offices too, so we have an independent verification of the company's business. I'm not going to make some cryptic comment about how much DD I've done, etc... I think as a thread we have worked together to get a full, accurate view of this company. I have kept my money in it through several other stocks running wild, and the only reason is because I have looked at this one so thoroughly I feel more comfortable with it than other stocks. In my efforts to try and help the local FAMH office, I tried to recruit a friend of mine away from her current job with one of their competitors. In the end, she said she felt the pressure of a start up office was more than she wanted to deal with, but in looking at what they had already done in their couple of months of operation as well as looking at their business plan, etc, that this company was going to go absolutely through the roof. She then went and committed some of her IRA money to FAMH she felt so good about it. I'm just saying that this isn't a thread of unfounded hype, this is a thread that has seen some amazing gems of research if you go back through the posts. We are not blindly following Ira, Brad, Cheryl or anyone... this thread is about a bunch of people pooling their resources to crawl all over this company.