Monday, November 10, 2008

Perkins Capital Management Letter

Best informative financial letter I have ever received. Also, these guys have a great sense of humor. They listed 8 "Idiots of the year" and #1 was from a medical student doing rotation in toxicology at the poison control center. A woman called in very upset because she caught her little daughter eating ants. The medical student quickly assured her that ants are not harmful and she didn't need to take her to the hospital. The mother calmed down and at the end of the conversation mentioned that she gave her daughter some ant poison to kill the ants.

Probably voted for Obama, too.

#2 idiot were the Boeing employees who decided to steal a life raft from one of the 747s. Shortly after getting it out of the plant and at home, they took it out for a float on the river. Soon, they noticed a Coast Guard helicopter coming toward them. It turned out that the chopper was homing in on the emergency locator beacon that had activated when the raft was inflated.

They are no longer employed at Boeing. Too bad they will miss out on the "held hostage" union contract Boeing management just signed. Boeing stock price since the contract was signed? In a nosedive.

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