February 25, 2004 Lipman Electronic Engineering (LPMA)
Hello Friends! The market is trying to bounce back today after several down days. As I write, the Dow is trading at 10604.13 up 37.76, and the NASDAQ is at 2020.78, up 15.34 on the day. But you know how these indices can fade or soar in the last fifteen minutes of the day.

I came across this stock earlier today and it doesn't fit into our usual mold as this stock was a recent IPO...but the numbers look attractive to me. According to the money.cnn.com "snapshot", Lipman Electronic Engineering Ltd. (LPMA) "...is a developer and provider of electronic payment systems and solutions. The Company offers products such as land-line and wireless point-of-sale terminals, cash registers & retail automated teller machines." As I write, LPMA is trading at $44.98, up $4.11 on the day or 10.06%. I do not own any shares of this stock.

Looking for recent earnings, I found the fourth quarter 2003 earnings report which was released yesterday after the close of the market. It was this earnings report that stimulated the market to push the price of this equity higher. For the fourth quarter 2003, revenues were $36.9 million, a 49.6% increase over revenues of $24.6 million for the fourth quarter of 2002. Net income for the quarter was $9.6 million, or $.88/diluted share compared to $6.9 million or $.66/diluted share for the 2002 quarter.

Looking at the "5-Yr Restated" financials from Morningstar.com, we see that revenue has grown nicely from $16.5 million in 1998 to $85.5 million in the trailing twelve months. With over $36 million in revenue in the last quarter of 2003, the company, without even any additional growth, is performing at a $140 million/year revenue rate currently.

Earnings per share are not listed on Morningstar.com, but from the above earnings report, we can see that the company is experiencing strong earnings growth. Free cash flow has also been nice, improving from $1 million in 2000, to $17 million in 2002. The balance sheet, as listed on Morningstar.com, shows $36.7 million in cash, with an additional $31.6 million in other current assets. This is balanced against $8.8 million in current liabilities, and only $3.8 million in long-term debt. This company has a nice balance sheet!

If we look at "Key Statistics" from Yahoo.com, we can see that the market cap is a moderate $570.64 million. The trailing p/e is beautiful at 17.72. No PEG is available as apparently no estimates are out there...this should change quickly! They do sell at a bit of a steep price/sales ratio of 4.95.

There are only 12.77 million shares outstanding and 7.10 million of those that float. No cash dividend is paid, and no stock dividend is reported on Yahoo.

I like this stock because of the dynamic record of revenue growth, the recent beautiful quarterly report, and nice valuation with perfect balance sheet. I am unsure about the company, as it is a recent IPO...and I would rather see more of a trading history. In any case, I am sitting on my proverbial hands avoiding any new purchases until I get to sell a portion of one of my holdings with a gain!

Thanks so much for stopping by! Please be sure to do your own due diligence and consult liberally with your own investment advisor. If you have any questions, comments, or words of encouragement, please feel free to post them right here (!), or email me at bobsadviceforstocks@lycos.com

Bob

February 24, 2004 Mannatech, Inc. (MTEX)
Hello Friends! Thanks so much for stopping by. I hope that you find my investment discussions stimulating but that you DO your own due diligence on each investment discussed here prior to taking any action. Also, please discuss these things with your investment advisors to make sure they are appropriate for you.

Scanning the lists of best gainers I came across Mannatech Inc. (MTEX) that closed today at $9.98, up $1.08 or 12.13% on the day. I don't like low-priced stocks very much but this stock is ALMOST $10/share and its numbers, while not perfect, are certainly provocative! I do not own any shares or positions in this company.

According to the money.cnn.com "snapshot" on MTEX, Mannatech "...develops and sells proprietary nutritional supplements and topical products through a network marketing system, offering its products worldwide through a network consisting of 192,000 active associates." This sounds a little like a multi-level marketing plan like Amway...hmmm.

I found the third quarter 2003 earnings report on the Mannatech Website. Net sales for the quarter were $49.7 million, a 44.1% increase over the same quarter the prior year. Net income for the quarter was $2.9 million or $.11/diluted share compared to $.2 million or $.01/diluted share the prior year.

Looking at the "5-Yr Restated" Financials on Morningstar.com we see that revenue growth has been a bit erratic between 1998 and 2000 when it changed from $165 million to $150 million. Revenue bottomed at $129 million in 2001 and has been heading higher since. I would prefer to see five years of steady revenue growth instead of this "V" pattern, but they appear to be growing steadily for the last several years.

Earnings have improved since 2000 when they came in at $(.30)/share, turned profitable at $.07/share in 2002, and are reporting $.24/share in the last twelve months per Morningstar.

Free cash flow which was $(9) million in 2000, improved to $6 million in 2001, $9 million in 2002, and is at $16 million in the trailing twelve months.

The company appears to be quite solvent with $17.1 million in cash per the website, and $13.0 million in other current assets. Their current liabilities stand at $19.2 million with only $800,000 in long-term debt per Morningstar.com.

This is certainly a small cap stock with a market cap of $258.02 million. The trailing p/e is 41.07 but no forward p/e reported on Yahoo (perhaps due to lack of analysts?). Thus, no PEG is possible. They are selling at 1.32 times sales...so not unusually expensive on this basis.

Yahoo reports they have 25.85 million shares outstanding with 14.40 million of them that float. There are 1.05 million shares out short, representing 7.32% of the float or 4.835 trading days. This was as of 1/8/04; the prior month, the short interest stood at 477,000, so this has more than doubled over the 30 day period.

A small cash dividend of $.10/share is paid yielding 1.12% and no stock dividends have been noted on the Yahoo site.

If we look at the point and figure chart from Stockcharts.com, we can see that this stock was generally trading down between 1999 and 2000, traded flat between 2001-2002 where it appears to have had a "double bottom", and then broke through resistance in June, 2003 at about $4.25/share, and has headed higher since. It doesn't really look too bad a chart to me...but then that is certainly not my strength.

This is an interesting stock to consider. I certainly am not in the market for stocks having sold several at 8% losses...and am waiting for a sale on a gain...and then will consider adding a position. The stock is a little small for me and the price about $10, leaves little room for any correction if you are sticking with the 8% loss rule. Not exactly a high-quality stock...but then again, if you would like a small cap stock with nice growth characteristics, nice balance sheet, growing free cash flow...and you think this multi-level marketing plan selling vitamins is the way to go...well then this just might be your cup of tea...or should I say your multivitamin of the day?

Thanks again for stopping by! Please email me at bobsadviceforstocks@lycos.com if you have any questions, comments, or words of encouragement!

Regards!

Bob

"Trading Transparency" CREE
Hello Friends! I didn't think I would be posting another sale so fast...but was watching CREE closely. Earlier today, it passed the 8% loss price and my 200 shares were sold at $22.85. I purchased the 200 shares on 1/16/04, about a month ago, at a price of $25.13. I will sit on my hands and wait as patiently as possible before replacing this position. The plan is to wait until one of the other issues has a portion sold at a GAIN to indicate that the market may be turning to a positive direction....otherwise, I will keep watching the stocks...the next stock threatening to be sold is MYL...my Mylan Labs, the generic drug company.

Thanks again for stopping by! Please do your own due diligence on all of the stocks discussed on this website. If you have any questions or comments please feel free to email me at bobsadviceforstocks@lycos.com

Bob

February 23, 2004 Escalon Medical Corp. (ESMC)
Hello Friends! It is another Monday, and another down day in the market. Looks like this market needs to correct. Futures start out positive, the market opens up and then slides as the day progresses. Not very encouraging. Now, if I can keep with my strategy, maybe we will do a bit better...that is...after I have sold on an 8% loss, to try to AVOID replacing that issue in the portfolio until I have SOLD on a GAIN...sort of letting our sales and purchases guide us minimally in timing the market...or at lease assessing the market! Currently am at 22 positions...and still in plenty of margin. CREE is close to a sale...but will give it the full 8%. I think I have sold a couple of these prematurely as well on perceived weakness rather than fundamentals...and will try to avoid that in the future...those sales include Davita and Eon Laboratories....which have actually held up well and also Fair Isaac. But I am still learning and I hope that you are learning with each trade as well!

Continuing to look at the stocks with nice gains, I came across Escalon Medical Corp. (ESMC) today. As I write, ESMC is trading at $10.60, up $.54 or 5.37% on the day. I do not own any shares. According to the money.cnn.com "snapshot", ESMC "...develops, markets and distributes ophthalmic medical devices and pharmaceuticals. The Co. is also in the process of developing ophthalmic lasers and drug delivery systems."

About a week ago, ESMC reported their second quarter 2004 earnings. Net revenue for the quarter was up 15% to $3.8 million from $3.3 million the prior year. Net income jumped 136.1% to $820,961 or $.196/diluted share vs. $347,672 or $.103/diluted share in the second quarter of 2003.

Looking at the "5-Yr Restated" financials on Morningstar.com, we find that revenue which dropped slightly between 1999 and 2000 from $7.6 million to $6.7 million has been steadily increasing since then to $13.4 million in the trailing twelve months.

Earnings per share also dipped to a loss in 2000 at $(.27)/share but have improved steadily since then to $.48/share in the trailing twelve months.

Free cash flow, while not large, has been positive lately improving from $1 million to $2 million in the trailing twelve months.

The balance sheet appears adequate if not impressive with $300,000 in cash reported with $4.5 million in other current assets, enough to cover the $3.9 million of current liabilities, but not enough to also cover all of the long-term liabilities of $4.1 million.

If we look at the "Key Statistics" from Yahoo, we find that this is certainly a MICRO-cap stock (see the prior posting), with a market cap of $36.59 million. The trailing p/e is only 16.43, and price/sales is at 2.41.

There are only 3.41 million shares outstanding with 3.40 million of them that float. Only 12,000 shares out short as of 1/8/04, representing 0.414 trading days and only .35% of the float. No cash dividend is paid, and the last stock split was a REVERSE 1:4 SPLIT paid on 11/97.

Taking a brief look at technical issues and charts (not my strength but something we all need to do!), we can see from the Point and Figure chart from Stockcharts.com, that this stock has been trading sideways until early 2002 when it broke through a resistance level at about $3.25/share and has traded strongly upwards for the past two years! Take a look and see what you think.

Overall, the stock is very interesting if not a bit speculative due to the small # of shares outstanding. The valuation is right, the recent earnings results and revenue growth are nice, and the balance sheet is adequate.

Thanks so much for stopping by! Please remember to do your own due diligence and check out every investment discuss carefully yourself before deciding to make a purchase or sale, and also consult with your investment advisor(s) frequently!

Regards to all of my friends! Please email me at bobsadviceforstocks@lycos.com if you have any questions, comments, or words of encouragement!

Bob

February 22, 2004 "Definition of Market Cap"
Hello Friends! Just wanted to thank all of you for stopping by and visiting. Please feel free to browse through the many posts and if you have any questions, comment, or words of encouragement, please feel free to post them right on the BLOG or email me at bobsadviceforstocks@lycos.com I will try to get some kind of response to you in a expeditious (nice word huh?) fashion.

Anyway, was browsing through the internet to see if I could get a good definition of market cap. On Ameritrade, they define "Small-cap" as less that $500 million market capitalization. "Mid-cap" is defined as being between $500 million and $3 billion, and "Large-cap" as being over $3 billion.

I think we will use under $100 million market cap as being "micro-cap".

Just a short comment tonight before we get underway in the market in the a.m. I am up early again...out walking at the local University...so will sign off and wish you all a great week in the market!

Regards to all!

Bob

"Seven Months Ago" A longer term view examining the selections of the week of July 28, 2003
Hello Friends! Thanks again for taking the time to stop by! I sure do appreciate when some of you take the time to comment on the BLOG by emailing me at bobsadviceforstocks@lycos.com Helps me know you guys are really out there!

As always, please do your own due diligence on every stock and investment discussed here and discuss them with your investment advisor to find out what they think and whether the investment would be suitable for you prior to taking any actions.

I just finished posting the short-term, 7 week follow-up on this blog...and those numbers quite frankly were fairly mediocre. Let's see if I am doing a bit better longer-term...from 7 months ago, the week of July 28, 2003.

During that week I made nine selections. I will try to review them and see if there is anything new that suggests avoiding the issue or whether things are still on track.

On July 28, 2003, I posted Quality Systems (and also purchased some of these shares both in my stock club and in my trading account) at $30.67. QSII closed on 2/20/03 at $49.30, for a nice gain of $19.36 or 63.1%

Looking for their latest earnings news, QSII announced fiscal 2004 third quarter results on February 2, 2004. Net revenues were $18.2 million, a 26% increase from the $14.4 million last year. Net income was $2.6 million, a 35% increase over the $1.9 million the prior year. Fully diluted earnings per share in the quarter were $.40, a 33% increase over last year's $.30/share. This company appears to be doing just fine!

Coventry Health (CVH) was posted on Bob's Advice on 7/29/03 at a price of $55.77. However, they split 3:2 on 2/2/04, so the split adjusted recommendation was at $37.18. CVH closed 2/20/04 at $41.45, for an effective gain of $4.27 or 11.5%.

CVH reported fourth quarter 2003 earnings on 2/3/04. Revenue increased 29% to $1.22 billion from $946 million the prior year. They also reported net income of $69.7 million or $.76/share for the period vs $40.4 million, or $.45/share the prior year. These are very nice results! The stock was under some pressure after the announcement as forecasts, which were in line with expectations, still weren't quite as optimistic as some of its competitors. See Yahoo article for more details on this.

Also on July 29, 2004, I posted CYH on the BLOG at a price of $19.79. CYH closed on 2/20/04 at $26.99 for a gain of $7.20 or 36.4%.

Looking for the latest earnings report, I found the results of the third quarter that were announced on 10/23/03. The story was posted on the CHS website: Net operating revenues were $723 million, a 30.8% increase over the $552.8 million reported last year. Net income increased 57.2% to $31.7 million or $.31/diluted share compared to $20.2 million or $.21/diluted share. The company appears to have its story intact.

On July 30, 2003, I posted CRL on Bob's Advice at $35.60. Charles River Laboratories closed on 2/20/04 at $43.15 for a gain of $7.55 or 21.2%.

On 2/10/04, CRL posted fourth quarter 2003 results. Net sales increased 9.2% to $156.0 million from $142.9 million the prior year. Net income for the fourth quarter of 2003 increased 17.9% to $20.6 million or $.42/diluted share up from $17.5 million or $.36/diluted share the prior year. This company is still doing just fine imho.

Guitar Center (GTRC) was posted on Bob's Advice on 7/30/03 at $33.26. GTRC closed on 2/20/04 at $34.99, for a gain of $1.73 or 5.2%.

Looking for the latest quarterly report, Yahoo posted GTRC's 4th quarter results on 1/29/04. Sales grew to $395.8 million vs $334.8 million the prior year. Net income grew 47% to $19.7 million or $.78/diluted share from $13.4 million, or $.57/diluted share the prior year. This company appears to be on track!

On July 31, 2003, I posted Chico's FAS on the blog at a price of $27.22. CHS has done quite well since that post (too bad I don't own any shares)...and closed on 2/20/04 at $42.27 for a gain of $15.05 or 55.3%.

CHS reported a great third quarter 2003 results on 12/2/03. They earned $26.8 million or $.30/share on $210.57 million in sales compared to year earlier sales of $137.26 million with earnings of $15.5 million or $.18/share the prior year. This company is doing GREAT!

On July 31, 2003, I posted ManTech on Bob's Advice at a price of $24.86. MANT closed on 2/20/04 at $21.06, for a loss of $(3.80) or (15.3)%. (You KNOW I don't bat even close to 1.000!)

MANT reported 3rd quarter earnings results on 10/29/03. Revenue for the 3rd quarter 2003 grew 39% to $181.6 million, operating income increased 48% to $16.2 million, and fully diluted EPS grew 21% to $.29. At least for the latest quarter results, MANT appears to be on track.

United Online (UNTD) was posted on this blog on 8/1/03 at $33.64. This pick has performed MISERABLY and closed 2/20/04 at $16.75 for a loss of $(16.89) or (50.2)%.

On February 4, 2004, UNTD reported their 4th quarter 2003 results. Total revenues were $96.9 million, an increase of 47% vs. $65.8 million the prior year. Adjusted net income for the quarter, excluding a one-time tax benefit, was $14.5 million, or $.21/share, a 65% increase from last year's $8.8 million or $.13/share. The company certainly appears to be doing just fine...but the stock price, alas, that is a DIFFERENT story!

Hang in there, just ONE more stock to report!

Finally, Alliance Data Systems (ADS) was posted on this BLOG on August 1, 2003 at a price of $28.45. ADS closed on 2/20/04 at $29.25, for a gain of $.80 or 2.8%.

Looking for the latest earnings on ADS, they posted 4th quarter 2003 results on 1/28/04. Revenue increased 27% to $298.3 million vs. $235.7 million for the fourth quarter of 2002. Net income increased 96% to $19.8 million for the quarter in 2003, or $.24/diluted share, vs $10.1 million or $.13/diluted share in 2002. These are great results in my humble opinion.

In summary, (FINALLY!), the nine stocks had seven that gained and two that lost money after being selected for an average gain of 14.4%. Overall, not too shabby and much better than our most recent seven week selection review. (see prior post.)

Thanks again for stopping by and bearing with me as I reviewed some of my past picks. If you have any questions, comments, or words of encouragement...please email me at bobsadviceforstocks@lycos.com

Happy Saturday everyone!

Bob

"How are we doing?" A look back on the week of December 15, 2003
Hello Friends! It is absolutely a warm-spell here in Wisconsin....I mean the temperature is at least 38 degrees F and the snow is melting everywhere! Short sleeves weather without a doubt!

It is Saturday and one of the pieces of housekeeping that I like to do is to look back both short-term and relatively long-term to see how my stock picks are doing. This week I am up to the week of December 15, 2003, almost exactly two months ago. During that week, I picked four stocks: Advanced Digital Information (ADIC), iPass (IPAS), Overland Storage (OVRL), and Digene Corp (DIGE).

ADIC was posted here when the stock was trading at $13.96. ADIC closed on 2/20/04 at $12.88 for a loss of $(1.08) or (7.7)%.

iPass was also posted on Bob's Advice on 12/16/03 when it was trading at $16.47. IPAS closed 2/20/04 at $13.08, for a loss of $(3.39) or (20.6)%.

Third, Overland Storage (OVRL) was posted here at the price of $17.889. OVRL closed on 2/20/04 at $18.07 for a gain of $.181 or 1%.

Finally, Digene Corp (DIGE) was posted on this blog on 12/17/03 at a price of $37.99. DIGE closed on 2/20/04 at $37.95 for a loss of $(.04) or (0.1)%.

Averaging these four stocks, we have an average loss of (6.85)%. Pretty mediocre, but that is the cost over the short run of these quickly growing issue...at least THAT is my rationale! :)

Regards!



Bob

February 21, 2004 UniFirst Corp (UNF)
Hello Friends! Thanks so much for stopping by. It is WAY too late to be up typing away at my computer posting another entry on my BLOG...but has that ever stopped me before? As ALWAYS, please remember to do your own due diligence on all of the stocks discussed on this website...and quite frankly on ALL websites...and use your financial advisor as frequently as you need!

Anyhow, before I fall asleep at the keyboard, I wanted to post one stock from yesterday...yikes it is past midnight...a stock that performed well and looks interesting from my perspective. UniFirst Corp (UNF) closed at $26.83 on the day, up $.71 or 2.72%. That was enough (!) to make the list of best gainers. I do not own any shares of UNF.

According to the money.cnn.com "snapshot", UNF "...is a provider of workplace uniforms and protective clothing. UNF rents, manufactures and sells a wide range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, jumpsuits, lab coats, smocks and aprons."

On January 12, 2004, UNF announced first quarter 2004 earnings results for the quarter ended November 29, 2003. Revenues for the latest quarter were $180.9 million, a 21.3% increase from the $149.2 million in the prior year. (The news story noted that acquisitions accounted for 16.3% of the revenue growth.) Net income increased 48.3% from $6.4 million or $.33/share in 2003 to $9.5 million or $.50/share in 2004.

If we check "5-Yr Restated" Financials on Morningstar.com, we see a beautiful, steady growth in revenue from $487 million in 1999, $529 million in 2000, $556 million in 2001, $579 million in 2002, and $597 million in 2003 with $629 million in the trailing twelve months.

Earnings per share dipped slightly in 2000 from $1.18 in 1999 to $1.01 in 2000, then have increased steadily from $1.20 in 2000 to $1.56 in the trailing twelve months.

Free cash flow has been positive if a bit erratic from $42 million in 2001, $19 million in 2002, $23 million in 2003 and $28 million in the trailing twelve months.

The balance sheet is o.k. with $8.0 million in cash and $184.1 million in other current assets vs. $112.8 million in current liabilities and $271.7 million in long-term debt.

Checking the "Key Statistics" on Yahoo.com, we see that the market cap is $514.76 million. The trailing p/e is reasonable at 17.11, with a forward p/e (fye 30-Aug-05) at 15.16. TDhe PEG is nice at 1.14, and price/sales downright cheap at 0.80. Whenever the price/sales or PEG hits 1.0 or less, it appears to me that the stock is "reasonably" priced.

UNF has 19.19 million shares outstanding with 16.10 million of them that float. There are only 47,000 shares out short, representing 0.29% of the float or 1.175 trading days.

The stock DOES pay a small annual dividend of $.15 yielding 0.57%. The last stock split was a 2:1 split as of 1/20/04.

Looking a little at the 'technical' aspects of this issue, I like to check the free point and figure chart on UNF. Without claiming to be a technician, this stock broke down breaking through a support level in early 2003, and since that time has been heading higher quite consistently.

As you know, I have promised NOT to buy any additional stocks until I sell something at a gain! Therefore, I will hold off adding to my portfolio which is now down to 22 positions...otherwise, I find this stock intriguing, both on a valuation basis as well as the growth record.

Thanks so much for stopping by! As always, if you have any questions, comments or words of encouragement, please feel free to email me at bobsadviceforstocks@lycos.com!

Bob

"Reader Request" Flextronics (FLEX)
Hello Friends! Derek G. wrote in and asked me to take a look at Flextronics (FLEX). I let him know that I would do it in the BLOG....so Derek here it is! By the way, I do not own any shares of this stock.

First of all, I make my picks starting with stocks that are having good daily momentum. At this point FLEX doesn't fit the bill...but we can still take a loot. As I am writing this, FLEX is trading at $18.38, down $(.39) or (2.08)% on the day.

Looking at the latest quarterly results, the best story I could find was posted on the Flextronics website, under news, they related for the quarter ended December 31, 2003, (FLEX 3rd quarter), net sales were $4.15 billion, a 7.8% increase over the prior year's sales. Net income was $93.9 million, or $.17/share, a 41.9% increase from the prior year's net income.

If we look at the "5-Yr Restated" financials on Morningstar.com, we can see that revenue grew quickly between 1999 and 2001, increasing from $4.0 billion/yr to $12.1 billion. However, although growth in revenue has continued since that time, it has done so at a much slower rate increasing from $12.1 billion in 2001 to $13.5 billion in the trailing twelve months.

Earnings turned negative in 2001, when they were at $(1.01) and have stayed negative per Morningstar, totalling $(.72) in the trailing twelve months. It appears that with the recent reports, they are not losing money (?).

Free cash flow which was NEGATIVE 1 BILLION $'s in 2001, improved to $529 million in 2002, but subsequently has been dropping with $399 million in 2003 and $283 million in the trailing twelve months.

FLEX has $699.5 million in cash and $3.5 billion in other current assets, however they also have $3.1 billion in current liabilities and also $1.6 billion in long-term liabilities. It appears that the current assets including cash are adequate to cover the huge current liabilities...and indeed with positive cash flow this may also be improving...but this is not the prettiest balance sheet I have come across.

If we look at "Key Statistics" on Yahoo, we see that the market cap is large at $9.79 billion, the p/e ratio is 28.91 (forward fye 31-Mar-05), with a PEG at 1.42...so the valuation, while not inexpensive, is not overly highly priced. Price/sales is particularly nice at 0.72.

There are 529.17 million shares outstanding, with 435.60 million shares that float. Currently there are 18.33 million shares out short representing 2.727 trading days or 4.21% of the float. No cash dividend is paid, and the last stock dividend was a 2:1 split in October, 2000.

Taking a look at the 'technicals', we can see from a Stockcharts.com point and figure chart on Flextronics that this stock broke through a resistance level in early 2003 and for the last 14 months has been moving upward in a regular fashion. The momentum pricewise looks nice.

So Derek, what do I think? This may indeed be a terrific investment insofar as the technicals and the recent earnings report. I am a bit concerned over the debt load, the relatively poor record of losses, the decreasing free cash flow, and the fact that the stock is not really a terrific value. That does NOT mean that it isn't a good investment, it just means that when I look at this investment through MY 'tinted glasses' that are biased towards my idiosyncratic methods, it just isn't the best investment on my investment horizon. On the other hand, it isn't that bad either!

I hope that is helpful to you. Please let me know if you have any other questions, comments, or words of encouragement!

Regards.

Bob

"Trading Transparency" ISNS and WBSN
The NASDAQ correction continues. Thank goodness I didn't spend that nickel in my pocket to buy my position #25. Because now, I have hit an 11% loss with my WBSN and an 8.5% loss on ISNS and have just sold my 200 WBSN and 300 ISNS...and will sit again on my hands....with that nickel burning hotter than ever in my pocket...waiting until I have a sale for a profit at my price goals...and then start buying positions back. Thanks so much for stopping by and visiting here. I try real hard to let you know both about what stocks look interesting in general as well as a virtual look at my trading activity.

If you have any comments, questions, or my favorite....words of encouragement (!)...please drop me a line at bobsadviceforstocks@lycos.com

Regards again!

Bob