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Alias Born 12/27/2001

Re: famlyinvstr post# 1395

Thursday, 12/27/2001 5:54:27 PM

Thursday, December 27, 2001 5:54:27 PM

Post# of 78729
Familyinvstr, I'm sure you're a nice person, but you don't know how to read public SEC filings. "Promises" and other statements of future intent are "forward looking disclosures," which are held to a very low standard of truthfulness. There just has to be some good faith basis for such statements, even if it's a somewhat farfetched basis. NVEI might get in trouble for saying it intends to put a man on Mars next year, but it won't get in trouble for talking about its hopes of bringing a product to market and signing with a major telco if there's a 2% chance of this happening. This is why you see the standard forward looking disclosure disclaimer attached to such grand future plans. This is also why actual statements of historical facts--contracts in place, successful tests, completed acquisitions, etc.-- which are held to a much higher standard of truthfulness, mean something, and all of the smoke from NVEI's management means little.

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