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To: Susan Saline who wrote (6794)7/4/1998 12:48:00 PM
From: Gary Wisdom  Respond to of 7685
 
Thanks Susan. I have stated repeatedly that I really hope everyone on this thread can make money on their investments. I've dropped some serious money on some bad investments too, and know it is no fun to do so.

It's just that I don't get how anyone can ignore the facts on this company. Also, people seem to think that a cheap stock can't get any cheaper. That is so wrong.

I've owned four stocks in the past that have gotten much cheaper. Lost varying amounts of money on each, but sold every one of them before they got much cheaper.

For those interested in doing more research as to what can happen, take a look at these four stocks:

Ultrafem (UFEMW) Now bankrupt
Imagyn (IMTI)
Mercury Finance (MFN) Now bankrupt or just delisted (Actually made money on this one <ggg>)
Iomega (IOM) You all know the story on this one

The moral is that it is much better to take a small loss than a big one.

That's really all I'm trying to say.

Good luck.