Irish,
Even audited financials aren't facts in my book. It's so easy to fudge and maniuplate numbers to say what you want them to say. Enron, Worldcom, and others have done this time and time again.
We don't know exact numbers, but WE DO know what the company has told us for prior years. I believe those numbers and thus I have something "fact-like" to go on. If you don't believe them then that's fine, but remember you have nothing to stand on with that argument. Since I don't really believe auited numbers provide any more proof than unadited numbers it's a moot point to me.
"deal with facts on the assumption that they are growing and making profits... they and we have no facts on that"
Sorry but yes I do have facts on that. I've called quite a lot of the divisions and have gatherd data whihc I belive to be much more reliable than what you will read in a financial filing.
Personally I don't trust any comapny very much...Not as an employee and not as an investor. Companies are self serving entities. sometimes that self serving benifits us shareholders and sometimes not.
My advise, for what it's worth, is give PA the time he needs. If you truly don't believe him then why not sell? Wait for the next spike up and take your looses or gain and move onto a more investor friendly company...most likely off the pinksheets.
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