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Re: Knowledge is King post# 50565

Friday, 08/04/2006 10:52:16 PM

Friday, August 04, 2006 10:52:16 PM

Post# of 173772
Knowledge is King - Telt

Be careful with this one. Management is very slippery. A lot of others here have owned this one. I was one of them. Lost about 75 of the value in a blink of the eye but held on till a bogus PR came out about some company in Europe offering some unbelieveable price per share. Stock price jumped back up and I jumped out with most of my money. Lucky.

As I remember it, the company has a core business with a substantial amount of revenue (although declining) based on older product. The revenues fluctuate seasonally so they can usually post a positive quarter at leats once a year. LOts of ideas for new products but do not believe any of them really come to fruition.

At least that is how I remember it.

It may be a different story this time around.

Be careful is all I am saying.

JFF7

It's better to be out wishing you were in than in wishing you were out.

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes

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