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

To: Jgilbert who wrote (22918)	1/14/1999 1:10:00 PM
From: Jgilbert	Respond to of 43774

The common denominator appears to be that all of the entities are service providers, which means they are essentially cash only transactors. No accounts receivable, no inventory and no heavy investment in fixed assets. BRK, with two or three exceptions, operates under the same philosophy. Insurance, banks, American Express, all are basically for cash businesses, and earnings and dividends are reinvested in similar businesses. A system that has worked beautifully with Buffett in the past. The question is is John a Buffett or otherwise? The two do have one common trait: they are slow to release press releases. Just my humble opinion and no more.

To: Jgilbert who wrote (22918)	1/14/1999 2:45:00 PM
From: jhild	Respond to of 43774

The things you describe seem compatible with ways I would think those that launder money from outside the US might consider. I sure hope we don't come to find out that PRWT is to be involved with a South American bank. There has been a rumor circulating that they were going to be hooking up with a bank or insurance company. But a South American one would make me wonder all the more. Before anyone gets too excited, I am only wondering here and not suggesting that this is what PRWT is up to by any means. So before any start shooting, just remember that anything is possible with a non reporting company, especially one that is engaged in these kinds of cash and credit businesses. But then I guess I don't have to worry about comments now that the longs have decided on boycotting the truth.