To: Pugs who wrote (18841 ) 5/22/1998 3:51:00 PM From: Lurker Respond to of 27968
I'm sure there are people on SI trying manipulate stock prices. However, as far as FAMH is concerned, they deserved to be raked over the coals. Everyone should be grateful for the work of Mackie, Little Engine, John Fairbanks, Tonto, and others who pointed out all the bad things FAMH was doing. Without the changes that FAMH seems to making, our investment would be dead - fit for only day traders. They have diplomatically admitted their past failures. I don't believe Ira is really sick. However, I don't care as long as he is gone. Notice their carefully crafted words, "necessary operational changes" (they were doing the wrong things), "strict exercise program" (we plan to quit telling you things we think you want to hear), "new level of accountability and follow through" (we are going to stop lying to you and publish info that shareholders of a legitimate company are entitled to). For me, they need to establish a track record of honesty just as they have established a track record of lying and misinformation. I will say I am pleased and see definite signs of improvement. However, FAMH must definitly continue with their management turn-around for awhile before I recommend others buy this stock. If this management shakeup is sincere, we will get our money back and make some long-term profits. With this industry, I can see holding this stock for many years. However, if this is another lie to keep the price up while they dump more shares on the market, this baby will plummet. It is all up to FAMH. Their actions, alone, will determine the stock price. Both FAMH-atics and naysayers will have very little effect. Lurker Long on FAMH