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Microcap & Penny Stocks : CDCH Cerro Dorado Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Jim Bishop who wrote (266)	2/10/1999 8:54:00 PM
From: Chris O'Keefe	Respond to of 958

Well, I've been lurking on this thread for over a month now and I must say it has been a great learning experience if nothing else. I never bought shares but followed the stock because of what I read in early January. January was supposed to be a huge breakout month for the stock. A huge PR campaign (or something like that) was supposed to happen. In general, awesome things were supposed to happen. I was skeptical, but decided to watch just in case. Well, what can I say folks? It looks like you're all involved in an extremely high-risk speculative play. I won't say I know this stock is going down--anything can happen in the market--but the story line sure has changed in my mind. The mental picture has gone from: "WAMC is poised to dominate the US$16 billion North American paint and specialty coatings market; WAMC is a newly-listed, profitable business and operating company trading at a P/E multiple of less than 2" to "Called Mitch - the plant phone was cut off - someone didn't pay the bill - I'm sure they'll get that rectified." Unless that second statement was a joke this company is in deep trouble. Even if the statement is a joke, what kind of company transfers an IR question to someone who, apparently, doesn't know what he's talking about? And if he does know what he's talking about, then the picture he paints is incredibly dim. I could go on but you all get the point. Sorry to be such a downer on my first post and perhaps I shouldn't have posted at all. I like the personalities here and I've enjoyed keeping tabs on the thread. Before some of these latest company events came out, I liked the WAMC story quite a bit: Small unknown company about to take over the paint world...I like it. Leave it to me to take WAMC off the radar and have it go over $1 without me knowing about it. That's the chance I take. Even so, this company has not been very good to its investors, IMO, and that's a real turn-off. Well, good luck to all, Chris