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Microcap & Penny Stocks : NVEI (Was NVXE) - New Visual Entertainment Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Loren who wrote (993)	6/14/1998 6:38:00 PM
From: Len Giammetta	Respond to of 2211

Loren, no offense taken. Truth of the matter is I'm kinda disappointed in myself for for investing in NVXE in the first place. I'm usually smarter than that!. I didn't do adaquate DD on this pup beforehand, I sorta got caught up in the hype around Dec and got in impulsively. Of course it tanked minutes after my purchase, so, in keeping with plan B I waited and averaged down around .09. Unfortunatly because of restrictions on decimal transactions, by my broker, I haven't been able to get out with a fair profit since then, and I really have a thing about selling at a loss. On the other hand, though, just this week, my neural nets have been signalling "buys" on three others I follow. I know that in the short turn they'll be much more lucrative than holding NVXE. I just feel trapped, with no light at the end of the tunnel, so to speak. BY the way, I did come across some very basic financial statements for NVXE. They only include comparative balance sheets, and income statements for the periods ending 1995 and 1996. For those that haven't seen them, they're pretty disgusting, and if I had seen them beforehand I wouldn't be here today. I can only hope that their current finacial condition is much better . Anyway, we're all stuck in the elevator, between the first and second floors, so I guess we just have to make the best of it until they turn the power back on. Good luck to all. Len G