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Bobwins

01/18/05 5:05 PM

#2084 RE: crk #2079

spsc.ob and vnwi are both losing lots of money. Vnwi is guiding for positive cashflow by mid 2005 but couldn't find any prediction like that from spsc. Both are in glamorous sectors, spsc in homeland security and vnwi in voip, internet. Couldn't locate AAC.

None of these are Value Microcap candidates. Doesn't mean they couldn't make money for you but not very close to our particular way to buy and value stocks. Vnwi might get to cashflow positive but then how long before they have a p/e ratio?? Didn't dig past financials so don't have a clue about their market niche or if they have some proprietary tech device that will give them lots of profits in the future.

I wouldn't hold either of these but I'm not sure nwau.pk is a lot different. Still no room for financial analysis. Only difference is that nwau claims that they will be profitable in 2005. We don't have any proof, just their word for it.

You need to decide if Value Microcaps is the place for you. Out of 50 stocks, I have some flyers with smaller positions where I think they are going to be profitable soon or already are profitable. Your choices seem to be far from profitability. That's ok as long as you are comfortable with that philosophy and have been successful in the past. Just requires a fair amt of patience and a combo of skill and luck to pick the winners from amongst so many good stories with big losses. I am not good at picking these kind of stocks so I stay away. You have to decide on your investment style and what types of stocks you want to hold. Bobwins