This is going to be tough and not as brief as I normally like. Bear in mind that I am not suggesting any stocks...these are just examples. Further, I am not comparing industry results, just each set of statistics. For these purposes, it does not matter if they are current. For current, go to the SEC Filings - 10k and 10Q.

Go to CBS MarketWatch.com, put in your ticker symbol TFCT and, when it comes up click "Profile" Now look at the minus signs
in Earnings, Price Earnings, Cash Flow, Return on Equity and Return on Assets (these two suggest "Management Effectiveness"), Gross Margin, Operating Margin and Profit Margin. Do the same thing for UGHO. See the similarities and differences? Now put in HQNT. How many minus signs do you see there?

Now go to "finance.yahoo.com" and do the same thing on each and go to "Key Statistics". Which of these companies is more successful? Which is a better value?
Which do you think has the best opportunity for profitable growth...both short and long term? These Key Statistics are what we mean when we refer to basics or FUNDAMENTALS.

Now, go to "StockTA.com" and do the same thing. This is what is referred to as
"Technical Analysis" (Charts and their interpretation).

In your mind, assume they are all the same price. Which is the best buy?

quote:

---

Originally posted by Wallace#1:
Thought I suggested you not go to the charts site yet! Did you go to Charts School?

This is going to be tough and not as brief as I normally like. Bear in mind that I am not suggesting any stocks...these are just examples. Further, I am not comparing industry results, just each set of statistics. For these purposes, it does not matter if they are current. For current, go to the SEC Filings - 10k and 10Q.

Go to CBS MarketWatch.com, put in your ticker symbol TFCT and, when it comes up click "Profile" Now look at the minus signs
in Earnings, Price Earnings, Cash Flow, Return on Equity and Return on Assets (these two suggest "Management Effectiveness"), Gross Margin, Operating Margin and Profit Margin. Do the same thing for UGHO. See the similarities and differences? Now put in HQNT. How many minus signs do you see there?

Now go to "finance.yahoo.com" and do the same thing on each and go to "Key Statistics". Which of these companies is more successful? Which is a better value?
Which do you think has the best opportunity for profitable growth...both short and long term? These Key Statistics are what we mean when we refer to basics or FUNDAMENTALS.

Now, go to "StockTA.com" and do the same thing. This is what is referred to as
"Technical Analysis" (Charts and their interpretation).

In your mind, assume they are all the same price. Which is the best buy?

---

Hiya Wallace, I hate I missed you today.
My sell orders are in motion; I am going to regroup then try it all over. Of course I am holding QBID TFCT and WNMI.
I am still struggling with the charts. I see alot said about DD. How do I find out if a company has changed names 3 times? I have no clue how to research.
Did you get a chance to look at SKVY. On Sat. they released financials and I can not look at and tell if it's good bad or ugly lol.
On a lighter side, is Wallace for Rusty?
just curious as I am a huge Nascar fan, goooo Dale, Jr. :-)
Okay, I look forward to hearing from you.

Have a nice day, Veda

I am trying so hard.
I have an account with Ameritrade and have been looking at the financial status of my stocks.
Okay, using Ameritrade I go to the Quotes and key in
a symbol, there I have access to profile, charts, financials,
sec, etc.
I keyed in TASR to see what a great finance chart looked
like and from there I keyed in my little penny stocks.
For starters, I need you to tell me if I am on the right
track.

Why are you struggling with charts? FORGET THEM FOR NOW AND STRUGGLE WITH THE FUNDAMENTALS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

You do not seem to be hearing me.

Re SKVY, this is one of the fundamentals (aka basics). Look at the Balance Sheet. What is the Current Assets figure? What is the Current Liabilities figure? Divide the Current Liabilites figure into the Current Assets figure. What does that tell you? Do you get a positive or negative amount? What else do you see in the figures? What do you see in the Income Statement? What does that tell you?

I am assuming you know what is an Asset and what is a Liability. For example, as a consultant, you must have favorable attributes (assets). One of your liabilities (negatives) is that you do not listen and try to follow helpful suggestions (please excuse my tactlessness) I am very sorry to have to be so blunt, but you MUST LEARN THE FUNDAMENTALS FIRST! If you cannot do that, get out of the market!

Wallace is an old Scots' name. My mother came from a Scot background.

Gooooood Morrrrrning.... Afternoon for you EST people...

Vida, give me a list of your 20 stocks.

You never answered the male/female question!

Please forgive my intolerance and tactlessness. I am an impatient person and, therefore, a very poor teacher. I am not angry...just frustrated.

Please let Gregg try to help you.

quote:

---

Originally posted by GREGDOGG:
Heyyyyyy Veda....

Gooooood Morrrrrning.... Afternoon for you EST people...

Vida, give me a list of your 20 stocks.

You never answered the male/female question!

---

TFCT WNMI QBID MOBL PCCL PHSL IVOC ICGE SKVY SEHO AFRT ISO ICGE WGFL THTHF MOTD GERN PYBS SIRI and HEC

thanks and I am Alllll woman ;-)

quote:

---

Originally posted by Wallace#1:
Veda,

Please forgive my intolerance and tactlessness. I am an impatient person and, therefore, a very poor teacher. I am not angry...just frustrated.

Please let Gregg try to help you
Meanwhile, I will try to find a site that explains the fundamentals so you will have a starting point. Get back to you later.

---

It's okay; I know it is frustrating for you especially when I don't seem to grasp any of this. I wish I understood the market the way you do.

Here are two sites that explain some of the fundamental ratios (they are free up to a point):

www.businessplansoftware.org/advice_ratios
If it's not already there find and click
on "Financial Ratios" for explanations
and guidelines...make yourself a copy.
These are good because they tell you what
you should be looking for in the company
you are researching. It does not include
all of them.
Also go down to the bottom and click on
"Advice from Experts in "Business
Planning" and play around with the
explanations in the various categories
there.

www.icapsecurities.com/ratios
There you will find a category named
"Ratios used-Lenders and Investors. Go
to the "free download"

Now, and promise you will do it, go to "Finance.yahoo.com" and put in the symbol "HQNT". Once that comes up, go over to the left column on your screen and scroll down to "Key Statistics" and click it. This shows the fundamental ratios for HQNT. Put your stock symbols in and see what you get.
Then compare those ratios to the suggested limits of the ratios I asked you to copy. Then ask yourself if your companies fit those and your requirements.

Glad you understood above. I feel terrible I was so rough on you.

http://www.allstocks.com/links/html/beginners_information_links.html

Understanding public companys and their financials:

quote:

---

Originally posted by Wallace#1:
Veda,

Here are two sites that explain some of the fundamental ratios (they are free up to a point):

www.businessplansoftware.org/advice_ratios
If it's not already there find and click
on "Financial Ratios" for explanations
and guidelines...make yourself a copy.
These are good because they tell you what
you should be looking for in the company
you are researching. It does not include
all of them.
Also go down to the bottom and click on
"Advice from Experts in "Business
Planning" and play around with the
explanations in the various categories
there.

www.icapsecurities.com/ratios
There you will find a category named
"Ratios used-Lenders and Investors. Go
to the "free download"

Now, and promise you will do it, go to "Finance.yahoo.com" and put in the symbol "HQNT". Once that comes up, go over to the left column on your screen and scroll down to "Key Statistics" and click it. This shows the fundamental ratios for HQNT. Put your stock symbols in and see what you get.
Then compare those ratios to the suggested limits of the ratios I asked you to copy. Then ask yourself if your companies fit those and your requirements.

Glad you understood above. I feel terrible I was so rough on you.

[This message has been edited by Wallace#1 (edited March 29, 2004).]

---

okay I am going to get started; I will let you know later how I progressing. Thanks so much for your help and I will not let you down this time. don't want your wrath to fall upon me again lol jk Wallace, well kinda sort. :-)

quote:

---

Originally posted by Bob Frey:
Here a couple of links for ya: Bookmark them and read,

http://www.allstocks.com/links/html/beginners_information_links.html

thank you, thank you, I have them in my Favorites.

Have a good one!
Understanding public companys and their financials:

http://www.ibm.com/investor/financialguide/

---

First off, my BB stocks have no key stats.

I looked at ISO vs. HQNT and WOW no wonder I am losing my tail on ISO.

HQNT total cash $2,72m
ISO total cash 308k

HQNT total debt 62.00k
ISO total debt 4.00m

HQNT Market Effectiveness Return/Assets 27%
Return/Equity 28%
ISO Market Effectiveness Return/Assets -40%
Return/Equity 58%-
thank you, thank you, thank you Wallace.

TFCT good
WNMI sell
QBID good
MOBL good
PCCL sell
PHSL good
IVOC good
ICGE good
SKVY good
SEHO sell, that ones 50/50
AFRT sell
ISO sell
WGFL seems okay
THTHF good
MOTD sell, also is 50/50
GERN good
PYBS good
SIRI good
HEC looks good

I think your problem is that your a little impatient....

Don't play 20 stocks, play 5....

I AM VERY PROUD OF Y0U!!!!!!!!!!!!!!!!!

Now remember, learn those fundamentals. You seem to be getting the idea. Look more at the percentages (ratios) and compare them...
not the actual dollars. I am getting a bit ahead of you, but remember ratios in one industry will differ from those in another.

Veda, I was so pleased that tears actually formed in my eyes! Keep it up. And do go to the sites Bob Frey gave you. You cannot go wrong listening to him...with Greg's help of course.

Whenever you get a chance, you might go to a used book store, Goodwill or the Salvation Army. Sometimes they have old, used books.
Pick up an old beginning and/or intermediate Accounting book and see if it has all the various ratios showing in the index. If so, it should not be very expensive, buy it.

My bark is MUCH bigger than my bite, so please bear with me. I do not want you lose money and, sometimes, barking helps.

Be cautious about RSCA. Yes, it does appear to have hit bottom...now closed at 0.0712.
You are not in the same league as the Bob that Greg is talking about...it's Bob Frey.

I did an extremely quick (and not sufficient in depth) look at RSCA. I think Bob Frey might agree with me that the fundamentals do not look good. What Bob is doing is buying at the bottom and selling fast as it possibly doubles or more. It looks like it hit a sideways shelf (meaning it parked at about the same price for some period of time)around 0.20 and it could very well go up to that point or higher. Bet he'll be out at 0.14 or close.

Remember, he's faster than you are and more savvy when it comes to very short term trading. The only way I would suggest it to you is if he were holding your hand through the whole thing. Guaranteed, he's going to be 100% on top of this one.

Go to that yahoo finance site I gave you earlier and put in the symbol RSCA. Then, instead of clicking on "Key Statistics" (they do not show any), click on "SEC Filings". When you get there, take note of the first one (it's a 10QSB, which is a quarterly report and known as a 10Q). Over to the right click on the "Full Filing at EDGAR On Line" (not Summary). Three choices will pop up. Go to the bottom one -- it's free -- and click "Click Here". The SEC 10Q Report with then come up. Note that the first part is the Balance Sheet. The second part is the Income Statement (they call it the Consolidated Statements of Operations).
The third one is the Cash Flow Statement (also called the Source and Use of Funds Statement).

Now, using those fundamental ratios I referred you to, figure out as many as you can. Do you feel secure investing in a company with the results you determine?

Let me know what you come up with and give me a critique of whatever ratios you calculated. THIS IS WHAT IS MEANT BY RESEARCHING THE FUNDAMENTALS.

Good Luck - get back to me if you have questions.

[This message has been edited by Wallace#1 (edited March 29, 2004).]

Two things I forgot to mention re RSCA.

The 10Q is for the third financial reporting quarter of a full year. So, the Balance Sheet will show everything up to that point in time of a year. The Income Statement will show both the three month (third quarter of a year) and the nine months (three full quarters combined and added together) up to the same date as the Balance Sheet.

Second, note that there is a statement around the top that says "Unaudited"...meaning that an accounting firm has not audited the statement and that it is coming directly from the company.

I can almost guarantee you that if those figures stand when RSCA is audited, there will be an "exception" in the auditor's statement or it will say words to the effect that "this company may not survive". That's always a good clue.

Now, getting back to your comparison between ISO and HQNT. I did not look up ISO, but if the figures you put in for Return on Assets and Return on Equity are correct, ISO has a better ratio on each.
However, keep doing this and you will get the idea. Play around (don't buy) with other companys you see people recommending. Try it with Amex companies as well. Pay attention to the percentage, not the dollar amounts where ratios are concerned.

[This message has been edited by Wallace#1 (edited March 29, 2004).]

You seem very patient, more patient than I.

The only reason I seem patient is because Veda is a girl, my one weakness...LOL

Thanks for all the financial info, I get tired of reading financials, so I usually don't, another weakness...

Your insight on ISO was correct. I just noticed your minus signs (thought they were dashes) in your previous message to me and checked it out. Did you see all the other minus signs there as well?

Now go back and pull up ISO's SEC Filings in the same way I told you to look at those of RSCA. Look the most recent 10Q. Now, on the Balance Sheet look at the Total Current Assets (not the Total Assets). Then the Total Current Liabilities. Which is greater?
What does that tell you? Which ratio are you now working with? See if you can compute the "Return on Assets Ratio" and the "Return on Equity Ratio". They tell you how effective management is. Woops! You already saw that. Then, go to the Statement of Operations (Income Statement). See all the numbers within ( )'s? That's another reason you lost and keep losing here.
Now go to the Cash Flow Statement. Did they earn anything from normal "Operations"? How did they keep going then? I'll help you here. Look farther down and you will see they borrowed $2 million from a line of credit. Think that will affect the quarter following this? You bet!

[This message has been edited by Wallace#1 (edited March 29, 2004).]

quote:

---

Originally posted by GREGDOGG:
Veda, It would be nice to know what prices you got in at but here is my initial opinion,

TFCT good
WNMI sell
QBID good
MOBL good
PCCL sell
PHSL good
IVOC good
ICGE good
SKVY good
SEHO sell, that ones 50/50
AFRT sell
ISO sell
WGFL seems okay
THTHF good
MOTD sell, also is 50/50
GERN good
PYBS good
SIRI good
HEC looks good

I think your problem is that your a little impatient....

Don't play 20 stocks, play 5....

---

Sell ISO and WNMI? I am shocked. Okay Gregg, if I sell ISO I will take a $600 loss. I bought in @.86 I think I should hold at least until the next round of news, what do you think?
WNMI after all the hype and news you suggest I sell; I will take a very small loss. I had high hopes for this one and can't wait to hear why you suggest I sell.
I have no prob selling AFRT they did a reverse split, will have a minute gain. lol
When the market opened I sold SEHO and SKVY.
I got out at what I got in.
GERN is killing me, bought @15.00 I am holding with hope of a buy out.

thanks for the advice, my friend

quote:

---

Originally posted by Wallace#1:
Veda,

I AM VERY PROUD OF Y0U!!!!!!!!!!!!!!!!!

Now remember, learn those fundamentals. You seem to be getting the idea. Look more at the percentages (ratios) and compare them...
not the actual dollars. I am getting a bit ahead of you, but remember ratios in one industry will differ from those in another.

Veda, I was so pleased that tears actually formed in my eyes! Keep it up. And do go to the sites Bob Frey gave you. You cannot go wrong listening to him...with Greg's help of course.

Whenever you get a chance, you might go to a used book store, Goodwill or the Salvation Army. Sometimes they have old, used books.
Pick up an old beginning and/or intermediate Accounting book and see if it has all the various ratios showing in the index. If so, it should not be very expensive, buy it.

My bark is MUCH bigger than my bite, so please bear with me. I do not want you lose money and, sometimes, barking helps.

[This message has been edited by Wallace#1 (edited March 29, 2004).]

---

Hi Wallace, awww you are so sweet. I must admit I am quite proud of myself; I am finally making alittle progress.
I am going to take some lol of Greg's advice and sell AFRT PCCL.
He is right, I am impatient, very. The market mesmerizes me, I love it! Of course I love gambling period.
Okay I am going to put my sell order in. I will talk to you later. Thanks for bearing with me; I don't want to lose your friendship.

Take care, Veda

example: 170,000 shares of THTHF only cost $185 Am I being realistic to think this stock will go to say .03? If so, holding 170,000 would be $5,100 however if I am holding 1 million shares equals $30,000

and what IF the company is successful? BLING BLING!!! So strategy has to come into play somewhere here. Do I load up on a couple or do I spread my money out over 5 stocks? Personally, I like the strategy of loading up. I like being ALL IN lol

Hang on to the cash until you learn the fundamentals and how to interpret them. You are getting way ahead of yourself.

quote:

---

Originally posted by Wallace#1:
Veda,

Hang on to the cash until you learn the fundamentals and how to interpret them. You are getting way ahead of yourself.

What did you do re my above requests? Stay with it now!

---

Wallace is right, I should read more financials, but after 5 years and probably thousands of financial statments, I HATE reading them, if their negative I stay away, if they're possitive, I get in....

Selling for a loss is usually a bad idea, that's why we ALL use "stop losses".

You haven't responded to the above assignments! Here's another.

Above, Greg and I were talking about a stock (RSCA)...a suggestion from Bob Frey in the "Penny... Under $.10" section. In the "Stocks Over $.10" Bob mentioned a stock (STEK). Do the fundamentals on each to the best of your ability. I told you how to get to the info on RSCA. See what you can do on your own on STEK...if you cannot find the most recent info (a news release on 3/25 and an SEC 10K Filing on 3/26) let me know. Get back to me with a critique on each and tell me which you would choose, given only one to choose. If you ignore this assignment, you are in trouble!

Remember, that Bob Frey and Greg may have different profit goals than you may want or are seeking. What Greg is saying above, is that if your goals are very, very long term (a number of years), buy different stocks. In this market long term, intermediate term and short term are much shorter periods of time.

Greg, is suggesting that you set YOUR goals...not buy into someone else's.

As far as my suggestions are concerned, that would be unwise. I spent a good deal of time managing two divisions of the NYSE and Bob Frey can easily run circles around me when it comes to the NASDAQ/OTCBB. He makes great suggestions but remember that his goals may be completely different from yours or mine.

His profit concepts might be based on getting in and out of any one or various stocks rather quickly. Greg's might combine Bob's goals and mine. My profit goals might be based upon getting in and out within a month or two on some stocks and holding on for a year or more on others. Watch for Bob Frey's suggestions in the various Allstock sections...All stocks, under $.10 and over $.10. Then, do your own research prior to buying anything! Honestly, Veda, I wish I knew where he gets his clues from...wouldn't even mind if he reached me at home but I don't want to list my e-mail address here. I'm beginning to think it's from the "Loser Lists" and he finds those that have hit rock bottom and have enough substance ($$ and talent) to do nothing but go up. That's when he NAILS them.

Now, do the above critique and tell me what you found and what you might do. Don't let me down, OK?