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Re: None

Friday, 05/20/2005 1:37:31 PM

Friday, May 20, 2005 1:37:31 PM

Post# of 10731
Maybe I am being foolish.

I know in the investing world there is an excessive amount of fraudalence of some nature.

My question is why would anybody think that at this moment that NOWAUTO should be more suspect than the average small company with a short operating history.

The fact that they have not reported seems to me to be a cause for a 20-25% discount given that nothing bad is known.

Is the business plans of the company more risky or suspicious than other small companies without a history?

I feel like the answer is no, but the discount to me is the difference between $1.00 and at least $2.00 evaluation for the future earnings expectation, 50% discount.

sam
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