Phoenix Associates Land Syndicate (fka PBLSQ)

[chapter54]

lynch

Remarkably, some of the world's best investors --
champions of fundamental analysis who eschew day
trading -- have more than dabbled in penny stocks.
Perhaps none are more famous, or more respected, than
Peter Lynch.

Not long ago a Fool on our discussion boards revealed
that Mr. Lynch's filings with the Securities and
Exchange Commission showed a pattern of bets on thinly
traded, ultracheap stocks. In a sense, it profiled Mr.
Lynch as the ultimate rule breaker: willing to swing
for the fences for a chance at massive returns, even
if a few of the bets are caught for outs.

Mr. Lynch's list from that enlightening post is a
virtual tour of penny-stock heaven. Varsity Group
(Nasdaq: VSTY) has to be considered the pick of the
litter. Picked up by Lynch in 2001 for somewhere near
$0.30 per share, the firm trades for $6.20 per stub as
of this writing. That's north of a 20-bagger, folks.

http://www.fool.com/news/commentary/2004/commentary04110505.htm

regards.....

~ ric