Tuesday, October 24, 2006 8:21:28 PM
I entered the stock market in Jan of 2000 (at the age of 47). I lost my shirt listening to both people i "trusted" on boards and company officials. I have developed a healthy skepticism to anyone who tells me that i am going to make a bunch of money on any stock. I wouldn't tell my friends that, no matter what i thought about a stock. Fortunately, I have gained back my losses and a little more. I did tell my brother about this stock and told him that it was risky and to only put a little money in it if at all unless he saw things his on way to do more. I would say the same to any newbie here. This stock is risky, the company has a history of reneging after considerable hype (for good reasons, sure, but it's a historical fact), the product is a great one but it is untested in the real world. Seriously, even though they may have had a good reason for ditching previous versions of the EC, do you really know when they knew they were going to change and whether they took advantage of shareholders up to that time?? Company officials are the most optimistic cheerleaders for even the most dismal products. We will have to see what happens when their systems actually start being used. That will be where this stock becomes a story stock or a bust. Anyone who is not watching their back is being foolish. Nobody here is watching it for them.
I appreciate your enthusiasm. I think that you and block are genuinely excited about your experiences. I am happy for you and hope that you don't learn any hard lessons here. That's a fact. If you win, I win. I give you credit in keeping us informed and appreciate your personal attention to the company through visits and contacts. I hope you are the type of person that you claim you are. However, I won't be watching your back anymore (like cautioning). I'll just do what I have to do if you or the company do make a mistake in judgement. Just remember, the best leaders appreciate their staff stating the obvious because the obvious is not always on their mind.
I will be posting much less from this point forward. It is not productive or helpful. Peace
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