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To: american dreamer who wrote (2874)12/11/1998 11:18:00 PM
From: kbert  Read Replies (2) | Respond to of 6545
 
American Dreamer,
obviously, you did not understand my answer.
I am not doing that deep of a dd.
I have been through n ( n being big integer ) penny stocks
and I am confident this company is:
legitimate, with well know people in charge,
may generate profits short term,
has a HUGE long term potential.
this is just my BELIEF.
I have been in several scam or questionable stocks,
I have expressed doubts when I found it was a possibility.
I cannot give any insurance about this because:
I am not working for this company.
Many people on this thread have provided a lot of useful
DD, starting with Mr Miller and others.
Go through their posts and read them.
I am not a guy who is doing deep DD.
Sorry about that.
I am a gambler.
I am not pumping that stock.
I am taking a chance which I estimate reasonable.
Did you ever try to do DD on some penny stocks.
You know what: I don't believe in DD!
All what I said today was that I did not believe we
were going to stop at 1.625 as somebody suggested,
because I saw a tremendous buying pressure.
We closed at 2 1/32
What you don't seem to understand,
and this was the purpose of my previous mail is
the following:
if somebody was certain about the company customers and
revenues, than this stock price would have already taken
this into account and you would not be able to buy at $2
It would be $5, $10, $20 or whatever would be in sync with
the earnings.
Do you think that other people are less smart than you are
and that some of them are not willing to take more risks than
you do ?
If you disagree with these 2 statements above, please tell me.
What kind of revenue did YAHOO had when it did a 10x jump ?
Tell me.
What are you looking for ?
I am starting to think that you want the cream and the butter
and that you would like this stock to go down to suit your
greed, such that you would be able to buy cheap shares.
No risks, no rewards!
Good luck
:)
Archie