To: rickd1 who wrote (10997 ) 2/13/1999 3:48:00 PM From: Wally Read Replies (3) | Respond to of 15313
Rick: I am totally excited and certainly prejudiced when it comes to FNTN. I am also totally cognizant of the odds when investing in ANY BB, including my favorites. I've lost money in enough to understand their weaknesses. The clear sign of my prejudice in favor of FNTN is the simple fact that I chose to be invested in FNTN over thousands of other stocks. If I didn't believe in it I wouldn't have bought it in the first place (duh). I used to assume that everyone who contributes or lurks on a regular basis in any thread must have a position and/ or a positive thought about that stock and that's why they spend time there. Why bitch about somebody else's stock or about what you believe to be a past mistake? I know it happens, but it doesn't make sense. Occasionally, I'm sure there are people out there who bash in the hope of dropping a stock's value and picking up cheap shares. But I think they comprise a very small number of negative posts. There are a number of people on this thread and others who ask hard questions about a stock yet stay invested because they have an underlying belief that in the end, all will be well. .This thread has a number of very fine and very balanced contributors. Those that come immediately to mind are Michael Currie, Jim Wilkinson and John White. Even Don Roberson (who gets more excited then I do) looks at both sides and speaks his concerns. I shouldn't leave out Chris either - and we differ in our views greatly. Still, I read his posts and weigh them into my personal equation - although for the life of me I don't understand his perpetual dalliance with a stock he doesn't own. So far, I haven't heard a good argument against FNTN other than the fact that they are, by nature, an extremely high-risk investment. The only time I've lost money in this stock is when I was stupid enough not to hold the course and sold off a portion for other plays. I got burned selling a portion of my FNTN and then got burned buying other stocks with the same money. Some of the biggest losers were listed on NASDAQ. So every stock is a gamble. And yes. This is a big one - and anybody who doesn't see that will find us in total agreement on that important point. regards, Wally