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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: TraderGreg who wrote (7341)	5/29/1998 12:26:00 AM
From: IRVINESULLY	Respond to of 11708

Hmmmm... As the Limbo song sang....."how low can you go....."...Somebody move that pole up!!! Maybe I shouldn't ask...the answer is scary....meanwhile... I tried about 4 or 5 times to call Mike Millis, but he wasn't in...left a message, and he finally called me back this afternoon...unfortunately, I wasn't in, so he left a very brief message on my voice mail...said he was in Utah at the moment, and not to worry too much, things were going well, just taking time (what that means, ...your guess is as good as mine)....and to call him back Monday or Tuesday when he'd be back in his office.... Sorry, I don't have any better news than that, but I thought I'd at least post a "different nothing" for a change!!!! Can't blame a person for trying...Will try again next week.. Have a good one everyone! Gin

To: TraderGreg who wrote (7341)	5/29/1998 6:23:00 AM
From: jan_mike	Respond to of 11708

I like it. Kind of a built in confidence interval. What I was kind of thinking for a fun thread was to envision a penny investment program. Take a token amount like $100 a month and try to find one worth company each month to make a permanent token investment in. If you guess wrong, you're not out anything. If you pick the next MSFT, you make a ton of money, beat everybody who tries to trade it, and sleep nights during volatile periods. Having a consensus choose seems to improve the short term odds of picking winners. I don't know any thread that has a continuosly running theme like that. Most penny threads, newsletters, email clubs and individual investors are looking to either make an immediate killing, or get a dime on a million shares. A thread that can examine any company in any field with a theoretical $100 at stake shouldn't attract much hype, and shouldn't produce much of the tunnel vision you get from XYZ thread. After all, even if it's a horrendous pick, it's $100 and off to next month's selection. A thread like that would have a hard time taking itself too seriously, so it could be fun. It would also allow free reign to examine trends, technologies etc. in the natural flow of conversation. It would be easy to tabulate a vote a month, and easy to track them for years. Also makes a good home thread for poetry, songs, seasonal greetings, recipes, impersonations etc.