To: Roger Bodine who wrote (9713 ) 7/29/1998 6:09:00 PM From: xbrent Read Replies (2) | Respond to
In regard to why we have not re established the pre Belize share value, in my opinion, we took a real beating on the thread for about five days straight. As late as sunday at 9:00 pm people were posting that if there is a problem in Belize that our shares were to be used as wallpaper. The possibility of fraud is always just a whisper away in the BB world. The major fear was that the company was a fake. That has all been disproved. However,all of us have choices as to where to invest. PRWT is very liquid. Some people chose to invest elsewhere or not at all. I used to work for a large retailer and I learned a couple of things. Apparel retailers are always worried about the weather. They love an early spring or an early fall. Why, because if makes the marginal difference in their business. An early cold snap gets people to buy winter goods early and that can increase sales by a few percent overall and that few percent is the difference between good and great. We lost a few percent and that meant the difference between where we were and where we are. Unfortunate, unnessary, bad timing, etc. like I mentioned yesterday, kind of like a rear end collision, not our fault but it did happen. The large long investors remain long. I think that people will return as things get put into perspective and the company defines itself. I think that they will have continuing good news probably within the next few trading days.
