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Microcap & Penny Stocks : Emerson Radio Corp (MSN) -- Ignore unavailable to you. Want to Upgrade?

To: BlueCheap who wrote (2345)	3/5/1999 4:19:00 PM
From: flyintigress	Respond to of 3501

Appreciated reading your post. The same could be said about Viragen which was 3/8. Hit a high today of 21/32. Could have gone either way. These are the thoughts that could give me one gray hair for every transaction. Been difficult to stay put sometimes, but best for my brown hair to stay brown! flyintigress ;)

To: BlueCheap who wrote (2345)	3/5/1999 6:43:00 PM
From: Tony Rome	Read Replies (1) \| Respond to of 3501

HI MALCOLM, It is always nice to read your words of wisdom.As far as stocks are concerned,Kenny Rogers sort of sums it up when he sings about "The Gambler" and card games.You got to know when to hold, know when to fold, Know when to walk away,and know when to run. I apply this principle to my stock purchasing after doing my due diligence,and decide at the time of purchase just how long I intend to hold on. In Emersons case I have it on hold as long as necessary because of the unusual circumstances.It has great potential as far as I can see and the downside risk is minimal compared to the possibility of it appreciating. As far as The Oaktree offer,I'm sure even they realized that it was way too low,considering what they were after.The equity in GYM alone comes to over 19 million.The offer was reasonable if it involved Emerson alone,but under the circumstances,if Oaktree is really interested in gaining control,then they will have to sweeten their offer somewhat. Another scenario is that Grossman and Oaktree puts in a bid for the shares that are set aside {settlement shares} if that is allowed, and then purchase enough shares on the open market or make offer to existing shareholders to gain controlling interest from another angle. It's a crap shoot no matter which angle the situation is approached from,but it keeps the heart stimulated. Web site is no guarantee of success,but with its debut,lets hope it starts things going for Emerson big time. Regards========TONY===========