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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?


To: J T who wrote (12434)8/20/1998 3:07:00 PM
From: Gordon Gekko  Read Replies (1) | Respond to of 43774
 
What has changed since the last PR? The only change is the substantial drop in the price of the stock. The stated fundamentals are all the same. People are tired of waiting for news. John has stated that if they are not satisfied with how he is running the company then they shouldn't own any shares. That may seem a little harsh, but appropriate. I am extremely dissatisfied with the price, but I trust my DD and truly believe that after the elections we will be onward and upward.

As far as news. Don't you guys remember me saying nothing will be released concerning Belize till after the model homes are erected. That date is August 25. We will probably have to wait till the elections are over (couple more days). I also stated that John made a promise to the Minister of Housing that nothing will be released till the model homes go up. He also mentioned he had the Minister up in New York recently (2-3 weeks ago). If we don't see news right after or right before the elections then I might change my opinion, but as it stands right now I am comfortable.

GG