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Re: The_Free_Nebula post# 490

Thursday, 07/11/2019 6:11:26 PM

Thursday, July 11, 2019 6:11:26 PM

Post# of 500
Yes... Very special. I'm still holding my oversized position form the early dotcom bust days. It's now a "125 bagger".
All the growth has gone into stockholder equity which is reflected in the share price. The very conservative practice of not issuing shares but achieving real growth has turned a $4 Million market cap into a 1/2 Billion market cap company. Amazing. SLP went public with 4 million shares, split 2/1 twice resulting in 16 million shares and today still has only 17.5 million shares. The best Ivy League business schools should use SLP as an example of how to manage a public company.

Crazy as it seems... I continue to hold my shares. The biggest mistake of my life is that I have my SLP stock in a traditional IRA rather than a Roth. The tax bill is huge... could have all been tax free.

The only place where success comes before work is in the dictionary

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