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Re: creede post# 15896

Friday, 10/26/2007 2:59:50 AM

Friday, October 26, 2007 2:59:50 AM

Post# of 29782
Creede,

Good point! Everyone I know is buying. I have a young friend who just bought over 200,000 shares today. Granted, that was just about $1000, but he was excited to be getting that many shares.

I don't know of many who would sell at this point....not when activity is finally happening at Opp. My average buy price is .016, so I'm down a little bit over a penny, and I sure as heck am not going to sell.

One reason that I don't spout gloom and doom is because I have years of experience in getting businesses started. Granted, they were all small businesses...but a business is a business. I used to tell people who came to me for advice that if they listened to everything that I said, they would be successful. If they didn't, I could guarantee nothing. And sure enough, the ones who listened are still in business today. Lesson # 1 - Pay your payroll taxes every payday - not just when IRS says that you have to (which for most small businesses is once a month). Pay them every payday. That is vital. And there are only certain circumstances when one should get into debt. Beebe did absolutely the right thing in NOT taking out a bank loan to finalize those projects.

And in college, my claim to fame is that in one business class, we were given a model of a business in trouble. We were told it was a real company, and we would be told which real company it was at the end of the course. Our assignment was to try and save it. For almost three decades now, I am still extremely proud to say that I came in first in the class and that I singlehandedly saved CHRYSLER! They wouldn't have needed a government bail-out if *I* had been running it. :)

So....when I see people disparage Beebe and how he is handling Perihelion, I don't just THINK that they're wrong...I KNOW that they're wrong...so...that's why it's easy for me not to spout gloom and doom.

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