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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?

To: Gary Jacobs who wrote (15635)	6/24/1998 9:13:00 PM
From: ANALYST10	Read Replies (2) \| Respond to of 50264

I appreciate and respect you for that. But let me clear certain things up right now and time will prove them out. You said if I missed a couple of details. Well anything I said has documentary proof. If something is questionable or my suspicion I say it is my suspicion. As far as misinterpreting, I don't misinterpret math, press releases written by the company not me, etc. I am not a guru. I simply have done this for too long. And there is no genius to it, in fact I get my assistant to do all the work and gather all the information and you can do the same. I tell her these are the items I want to have: 1. All press releases (easy to obtain) 2. Any financial statements (obtain from company or state) 3. Any SEC Filings (obtain from www.freeedgar.com) 4. 15c2-11 due diligence package (all public cos. req'd to have) If they won't give it to you and many don't for good reasons, find out the state of incorporation and check with the state for a copy. 5. Get the name of all the principals and as much published info on them as possible. Take info and run background check (this costs money but for pros, good investment)(Nexxus, Lexxus Search) 6. Lien, Judgement and all public filing searches (use an abstract company but this costs money again worth it for a pro 7. Check volume and price history for "irregularities" 8. Get copies of all material contracts if available. (if not get names of parties on the other side of contract and research their credibility. (use above procedures) 9. Check with S&P to see if they have applied for filing 10. Check to see if there is any institutional holdings or support 11. Get name of competitive companies and get similar packages on the competitors as above. 12. Get names of analysts that follow this industry and these particular stocks. (available from Bloomberg - very expensive $2,000 per month for a terminal but cheap to a pro www.wallstreetguru.com have some free analyst information There are many other steps but my fingers are getting numb. I then take all these items and like a criminal trial I gather all the facts before I ever make a guilty or innocent decisions. I put the company on trial though and start with them being guilty as opposed to innocent and they have to prove me wrong. The I lay out questions that I have of the company and the facts that I have and in many cases have the answers to the questions before I even ask them and I wait to see the response which goes a long way toward their credibility. Then I take all this information and decide what is plausible what it not and make my decisions. It is a lot more to it than that, but its a start. I analyze the financials, compare them to competitive companies in their mode and when they were in their mode, analyze the companies ability to implement its business plan, do they have the money, do they have the management, what is the competitiion like, etc. etc. etc. Needless to say when I make a decision it is very clear, concise and supported by documented facts, not sentiment. Getting emotional about a stock is the worst thing you can do and is no different from real life experiences. Your judgement becomes clouded and you don't make rational decisions and regret them later Once she has prepared the above, they are