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Microcap & Penny Stocks : Gourmet's Choice Coffee Co. - GMCH -- Ignore unavailable to you. Want to Upgrade?


To: Smacs who wrote (1004)2/16/1999 1:23:00 PM
From: Bob Davis  Read Replies (2) | Respond to of 2161
 
Smacs,

One of the key skills that is needed by successful investors is the ability to change their minds - gracefully, rapidly, and without any internal "trauma". I change my mind regularly.

Regarding your request that I "Now lay off my stock!!"... this raises three thoughts. The first is your use of "my", which forces me to ask whether you are not overly identifying with GMCH.

The second thought is that GMCH leaves so many "unanswered questions" that I am really tempted to follow up on a number of its different aspects, including determining the real history of this "brand name", identifying the problems of starting a new U.S. franchising operation, and further evaluation of the potential market for coffee in China. For instance, I have been trying to determine the location of the company's water bottling plant in Vietnam, who may have supplied the equipment to set it up, etc. But I haven't had any success.

The third thought is that I have a lot of other projects in front of me right now... and the least important of them is GMCH.

Bob Davis
The Napeague Letter
napeague.com