To: Dolfan who wrote (14600 ) 6/21/1998 4:52:00 PM From: ANALYST10 Read Replies (1) | Respond to of 50264
It's hard to deal with blind faith I don't simply read the financials. I read the financials, the unresponded to Form 10SB of 1996, copies of the press releases, competitive information, etc. Mark all I say is the same thing which after today I won't even bother, deal with facts. Its funny how much rah, rah, goes on this message board. The shame is with all the bodies that are out there, there is tremendous potential and resources to research these companies. Except instead of people discussing the facts and playing good guy, bad guy and be the devil's advocate all they seem to do is say, buy more, buy more, instead of answering questions. It takes more than a good ides to make a products work. There are hundreds of other factors from capital, management, better technology, governemental restrictions, among a host of other questions that need to be answered. If the readers were smart they would get together and delegate responsibilites to each party, do the research and get back to each other on what they found out. Unfortuantely, they rely on what the company tells them, if that were the case in journalism then, well forget it. Do your homework on your own, ask the questions, I asked, get the documented results of the questions, review the material, see if it holds water and discuss your findings with those that follow these boards. If you are investing your money look at it as would you buy this business. When you buy a business do you buy it because the owner told you it makes money, no. You talk to his customers, you talk to his suppliers, you talk to his professionals, you research the industry, the potential, the future market, you formulate a business plan, with initiatives, goals, etc. Then when all of that is put together you are afforded the opportunity to make an intelligent decision. It appears to me that people here are buying the brooklyn bridge, because they are told its for sale and its cheap. They keep talking about motives, I have said time and again, don't believe me, research the facts yourself and come to your own intelligent decisions, but not one person has had the foresight to even do so. They would just rather invest on blind faith.