Thursday, August 23, 2001 11:18:15 PM
You make perfect sense from where I stand, which is biased but informed. Do you have three horses to pick for Saturday's race???? I am sure you will pick a winner!!!!
Paul, I was with you on that post until your final line in support of FG. I agree that there may be a number of reasons for the stock problems at Heartland. I also believe the company still has production problems. A couple of reasons for that. First, the sales numbers aren't that great. It's possible that they simply aren't selling well, but I'm not convinced of that yet. I'm assuming that if they can't fill orders it's more likely that they still don't have efficient production.
The reason I don't support the efforts of FG and others is because I don't believe their efforts are going to accomplish anything, other than create a distraction and waste of time and potentially money for the company when they need to focus on production and sales. It doesn't matter if Rich is pulling the strings or not, the officers and employees of the company have more to gain or lose than we do. The best way for any genuine long investor to make money is to let the company succeed.
People can argue dilution is taking money from us and lining the pockets of insiders, and while that may or may not be true, if sales or production are lagging, something has to finance the company while they get their act together. If people feel like they're continuing to pour money down a black hole, do as Cabos did and cut your losses, but don't hold your position and cripple the company at the same time. It just doesn't make sense.
JMHO, Adam Jordan
JMHO, Adam Jordan
Chief Engineer
SeaView Video Technology
www.seaview.com
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