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To: topstock who wrote (498)4/18/1999 9:44:00 PM
From: Sawdusty  Read Replies (1) | Respond to of 588
 
""Normally when people do DD on Companys. Don't they usually call the company, do research on previous work they have done. Look at what there doing know, gather facts ect. ""

I really cannot speak to what others do Topstock. I do try to gather facts and recently posted facts about the finances and share structure. Are you aware of any facts that would be more pertinent than that?

I have also looked at what they are doing now, but at the risk of being repetitive, I am concerned about the wording used to describe the activities of their various companies, especially when related to the reality of their financial statements.

I am currently doing diligence regarding previous work but again, the last 16 years would appear to be the most useful. Have you ever heard the term that goes something like this: Don't tell me what you did for me yesterday, but what are you doing for me today? I am sure that I screwed up the wording, but I think you will get my meaning.

I guess that from your list, the only thing that I have not done is call the company. I think that I have perviously addressed that also.....remember the sunshine up the whazoo scenario?

I appreciate your sharing what information that you have. That is what these threads are for.

Take care yourself,

Dan