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.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: BelowTheCrowd who wrote (10971)	7/3/1998 3:05:00 AM
From: Lee Walsh	Read Replies (2) \| Respond to of 120523

Mr. Gat, I'm sorry that you misinterpreted my post as hype.....unbridled enthusasiam-YES....hype-NO..... Maybe my wording could have been better, but to be in a stock for over 5 years and waiting that amount of time to see this company get on the verge of making it to the Nasdaq, I believe anyone would be excited.... I should not have used the words "virtually guarantee your success" because we all know that no one can do that. As we both know, there are no absolute guarantees in any investment and that is what makes an investor responsible for his own actions when he invests in any deal. There are and always will be certain risks connected with any investment.... Including Fresh n Lite. I just believe that a company which has been on the BB, and has a very good chance of making it off the BB, lessens these risks. There are very few of the over 6000 companies which trade on the BB, that make it off the BB in any given year. I don't have exact statistics, but I know it is very few. FLTT is a good company, and is run by good people. The Swansons are good honest folks. I have known them for over 5 years. Henry Leonard is very sharp, and has alot of restaurant and franchise experience. And as for your statement "Three of the directors are family members. That's more than 30%, which is generally unacceptable for a public company." HA HA...Tell that to the Waltons. I live only about 90 miles from WalMart Headquarters...When that company started out, it was entirely a family operation...and the Walton family still own 39% of the stock, and 3 or 4 still sit on the BOD. There are very few stock investors living in the state of Arkansas, who don't own at least a little WMT. Your statement "Another is an ex-football player".....You have never heard of "Bob Lilly".....Please. I have a lot more "DD" I could post...but I haven't had the time. Actually I took the material about the directors from my Annual Report. This is not your typical BB company....It is a real company, with real restaurants, and real revenues, and is on the verge of some real expansion....That is why it is my belief that it won't be a BB stock much longer. I am proud to be an investor in it. And finally...NO, I'm not trying to "pump" it up where I can "dump" my shares...I have held shares for over 5 years, and still hold almost 3/4 of what I originally purchased.....It is my opinion, that if this company really gets going, it could go to $20-25 in 2-3 years. Many new restaurant chains have done it.....Outback steakhouse went to $40 with less than 20 outlets a few years ago....I plan on holding for quite a while.....whats another 2 years, when I've already held for 5....I believe the best is yet to come. Sincerely, Lee