Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!! -- Ignore unavailable to you. Want to Upgrade?

To: Warlock who wrote (1724)	6/11/1998 1:20:00 AM
From: Jerry S.	Read Replies (2) \| Respond to of 4230

Patrick, Gator and others: Please, please start indicating your sources on all these "I heard this" and "I heard that" stuff. It turns many off when these rumour posts appear with no sources stated. If your sources are so good and credible, you shouldn't have any problems revealing them, eh ? You may actually have good info, but it comes off as hype-ish and P&D material. Start revealing sources, or don't post it. How 'bout that deal?

To: Warlock who wrote (1724)	6/11/1998 1:36:00 AM
From: Harold Finstad	Read Replies (4) \| Respond to of 4230

Patrick. It is obvious you don't have the slightest idea how the real stock market works. I have been an Investment Banker with Merrill Lynch. I have owned my own stock brokerage firm and I have been an OTC Market Maker. I have been in this business since the Dow was at 576. I have been involved in some of the greatest short squeezes ever. I also know a good Company when I see one. However sometimes a very good private company can turn into a disaster as a public company due to ignorance of how the stock market works by management or by poor advice from "experts" who share equal ignorance. I don't question your good intentions only your lack of knowledge to give good advice. Your comment about the difference of the $.20 drop being made up quickly does not make common sense. Who do you think is going to buy the stock then? Remember, the drop occures AFTER the stock goes ex-dividend. Which means that the buyers who purchase stock at or after this date WILL NOT participate in the dividend. They will in fact be purchasing stock in a Company that has just GIVEN AWAY $1.5 Million dollars of what should be growth capital that the Company will have to pay interest on (reduced EPS). A Company who has just reduced its Share Holder Equity by $1.5 Million which means they will not have enough Shareholders equity to go on NASDAQ (All you need to have is One Million Shares Outstanding for NASDAQ). A Company who just rewarded Insiders with a BIG CASH BONUS. All this to trap a short that NO ONE CAN EVEN CONFIRM EXISTS. Patrick. Would you buy such a stock. And if your answer is yes please explain why. You see, if you are wrong, and you are, about the price being made up quickly. You have just ruined the Company. Now let me tell you why you are wrong. If I were short this stock and the Company did this, I would love it. You know why? Because after they do this, whatever I had to pay in a dividend, I have made up by the automatic downward price adjustment. Then you know what I will do? I will short some more. Why? Because I know that if the Company keeps doing this they won't have a Company left. That means the stock will go to pennies a share and I've just made a killing. You mention that the concern for not buying back more shares is liquidity. I mentioned above all the Company has to have is a minimum of One Million shares outstanding for NASDAQ listing. They have over Two Million right now. The average daily volume is over 600,000. I think they have plenty of liquidity even if they bought back a Million shares. BUT if they DO NOT have $4 Million in Shareholders equity (NOT CASH)for small cap or $6 Million for NASDAQ-NMS, they WILL NOT HAVE A CHANCE FOR LISTING. You also mention the President doesn't own 5 million shares. According to what information I have seen published, insiders own just under 5 million shares. Do you have different information? Rest assure there is NO PLUS by doing something as poorly thought out as this. I am hoping that this is just rumor and that Colin isn't even considering this. For if he is, then he and his Company are destined for dismal times ahead on Wall Street. Colin, if you read this. Stay the course. You have done a beautiful job over the last 5+ years. Just keep doing what you have been doing. Let us shareholders take care of your sellers. IT AIN'T BROKE, SO DON'T TRY TO FIX IT! No matter what any so called "Experts" try to tell you. I for one have now bought 1% of your Company and have a loss in every share. But I am not concerned. I'll just keep buying more. And I think if you monitor the Yahoo board, you will find that there are hundreds more like me. Patrick, kudos to you for being the first to tell this board about such a great Company. But if you must give advice, be sure it is soundly thought out.