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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?

To: Fred C. Dobbs who wrote (36583)	5/19/1999 5:25:00 PM
From: jhild	Read Replies (1) \| Respond to of 43774

You are wrong that I am obsessed with their failures. Lots of things don't work out. That's not the issue. I repeatedly mention them as examples of the overstatements and evasions that they make. Had they started this venture in Belize without the blitz of hype and not misrepresented themselves in their Press Releases, but had done it more soberly and released financial information about their capitalization and the revenues they were generating, then I would not persistently criticize as I have. You are right that today's stock price reflects to an extent future value, but so does it current value. As it is how can you trust what they say as they have delivered on so little? They just keep on talking about yet again new ventures, with no delivery on past past ventures. Just where is the $82million value of market cap if their future performance is laced with excuses like their past year's performance.?