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Microcap & Penny Stocks : BLHG, Fast Track Growth in China -- Ignore unavailable to you. Want to Upgrade?

To: LaShark who wrote (1595)	7/31/1998 3:59:00 PM
From: Patrick Smith	Read Replies (1) \| Respond to of 4080

Chris..... I think Mr. Hicks needs to review his DOW Theory ......transports have dropped below their yearly lows...

To: LaShark who wrote (1595)	7/31/1998 5:06:00 PM
From: Andreas	Read Replies (3) \| Respond to of 4080

Well, I had some time to think today what pro and cons are of having a large position in this stock. I came to the realization that small companies such as BLHG need a strong leader with integrity and one that takes responsibility. Also, one that has vision. It will make or break the company. The fact is that BLHG did state (since they approve all news releases) that the company HAD initial purchase orders for $50 million dollars for fiscal 98. To me it does not appear to be the case (fiscal 98 will be over soon), but the CEO does not take responsibility for that news release, but blame it on Pinacle if I am not misstaken. So I will sell all my shares starting Monday regardless of the stockprice. You know I had high hope for this company. The only reason I bought such a large size of stock was oonly because of the company stating that they had the $50 million in PO. I was under the impression that was illegal to make false statements and I am probably could sue the company. Having said that I am not going to do any such thing, but it taught me a lesson on investing in companies that do not have the audited financials out. Which by the way BLHG I thought originally stated to be out in the beginning of July. But I heard that through someone else. The buttom line I guess is that it all adds up. I am certain the stock will rebound back to what it is worth according to BLHG they have a book value of $1.20 or so. But then again who knows if that is true. Good luck everyone, I will stay in for a little while, but DD is not needed for me on this stock anymore since in my mind the leader does notn have what I expect from one and thought he had. Good luck everyone. Monday is the first of the month and I am certain the stock will be above .2 sometimes shortly (that is when I plan to dumb my shares.)) IT was realll. I trully hope that I am wrong and the company does have all the quality that it needs to succeed. Good luck.