| Pennystock promoter? I have about 20 stocks in my "current portfolio" and only a handful now trade at less than $5, only one under $1. Did you check a recent issue of my investment newsletter to verify your assertion? |
| Im working toward CFA (Chartered Financial Analyst) and putting together the initial proposal for a finance based PhD (on value investing, of course!). I have a library of investment texts including the 2nd and 5th editions of Security Analysis by Graham and Dodd, Financial Statement Analysis and Security Valuation by Steve Penman, several of Asowath Damodarans books, The Analysis and Use of Financial Statements by Gerald I. White, Ashwinpaul C. Sondhi, Dov Fried, plus the various texts required for CFA. |
| This licensing arrangement allows Papnet of Ohio, Inc. to operate with very little overhead and no future large capital investment. The Company believes that FDA approval will come in 1995. With this approval the PAPNET System could rapidly become the standard of care for screening Pap smears. If this does occur, the company could possibly see cash flow per share reach $10.00. |
| The books that I read, when I have the time, are advanced texts used in MBA courses at some of Americas best universities. If you seriously think that back issues of an investment newsletter aimed at "mums and dads" can hold a candle to any of my other stuff then you have much to learn about investment and business. |
| The VC investors often got out early - with as much as 1,000% profits. Many other investors sold out too - at prices much higher than their acquisition costs. But those who held should qualify for the investment equivalent of the Darwin Awards. These pilgrims strapped the "profit rockets to their own portfolios - and blasted off. We owe them a debt of gratitude. And a silent prayer, perhaps: Not only did they help to show what business models didnt work... they cleansed the investment pool by taking their own dumb money out of it. |
