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Banking, Finance and Urban Affairs Committee in the U.S. House
of Representatives. Within a year, while continuing his House Banking
staff work, he became a senior speechwriter on the congressional
Joint Economic Committee that included members of both the House
and the Senate. It was during this period that Wynn became a special
press aide to then-Sen.-elect Orin Hatch (R-Utah). Altogether, Wynn
served on three full congressional committees and 11 House subcommittees
between 1974 and 1978.
In 1977 Wynn married Paulette Lopapa, who convinced him to leave
Capitol Hill and begin applying his considerable knowledge and legislative
experience to the private sector. (She went on to be an invaluable
partner in Jack Wynn & Co.) In 1978, he became public affairs director
for the Manufactured Housing Institute, a Washington, D.C.-based
trade group representing the $10-billion mobile and modular housing
industry.
If ever there was an industry that needed to get its message out
at that time, it was the nation's mobile home manufacturers. Their
product suffered from many misconceptions. One of Wynn's first accomplishments
was to arrange for three mobile homes to be shipped from Indiana
to the District of Columbia, where the structures were installed
on the U.S. Capitol steps. The tactic members of Congress, other
government officials and the national press corps with an in-your-face
opportunity to separate myth from the reality of "trailer" homes.
The Institute captured the media spotlight coast-to-coast.
Wynn continues to bring the same tenacity to his job as a press
agent, and today his reputation for obtaining results often precede
him. In mid-1999, for example, the Forbes 2000 Campaign asked Wynn
to be a co-chairman of Steve's Financial Committee, a distinguished
group of 25 campaign fund-raisers located across the country. Forbes
also selected Wynn as his National Small Business director. His
responsibilities included tapping into the financial support of
America's 10,000 small publicly-traded companies. Wynn's job was
to harness the powerful fund-raising potential of this niche group
to help advance Steve's political agenda, including sweeping tax
reform.
As personally rewarding as Wynn's work was for Forbes, his first
love remained championing small companies that otherwise probably
would go largely unrecognized. "There are a lot of investor and
financial relations firms plying their trade, but they tend to be
weak when it comes to news-media placement," says Wynn. As a publicist
and press agent, Wynn fills that void. His approach is subtle --
no flamboyance -- but the results speak for themselves.
[Editor's Note: Tony Velocci is a senior editor at McGraw Hill.
He writes for numerous business, financial, & general interest publications,
including Fortune, Institutional Investor, Nation's Business, Conservative
Speculator, & The Robb Report. He is a recognized authority on the
aerospace & air transport industries.]
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Sneak Previews
I pick these special situations from those presented to me each
month by my network of brokers, market makers, PR companies, investment
bankers, venture capitalists, & key people in various industries.
My primary criterion is my opinion of the stock's potential to double
or better in the next six to 12 months. Once a Sneak, a company
becomes a candidate for the "Situation of the Month" coverage in
a future issue. Our decision concerning which to cover in a more
detailed way is based on what we find in continuing investigation.
I may give special attention to a Sneak I did a year ago, or one
from the last issue; do not attach significance to timing.
I will, however, do updates on those Sneaks I continue to follow,
either in the "Update Briefs" section of the newsletter, in e-mail
updates (send me your e-mail address & I'll include you -- you may
e-mail me at up415@aol.com), or in "Larry Oakley's Daily Comment"
at WallStreetCorner. I suggest you go there daily.
Some Sneak candidates will be covered in "Larry Oakley's Opinion"
or "Larry Oakley's Weekly Stock Pick" sections of WallStreetCorner.
I suggest you check those two editorial venues each week.
While Sneaks are preliminary recommendations, do not use them
for investment decisions unless you decide on the basis of facts
you uncover in your own investigation. Use our "Financial Navigator"
at WallStreetCorner to get more information on any stock. Keep in
mind that the codes listed after each Sneak are preliminary, reflecting
my first impression. They are subject to change based on further
investigation.
Codes: At the end of each Sneak Preview & Update, there
are three codes. They have a rating from 1 to 10. Those numbers
reflect my personal opinion. Please -- do not take action based
on my opinion alone. Do four things before taking action: (1) Read
my original writeup to get an overall feel; (2) Get the latest 10-Q,
10-K, corporate profile, & news releases; you can access them at
www.WallStreetCorner.com by using "Financial Navigator;" (3) Study
them; & (4) Call a key member of management to get a final impression.
If anything bothers you regarding that call, pass. There are lots
of situations. Do not invest unless everything about a situation
feels good to you.
"R" stands for "Risk Rating." A "1" means I view the
situation as having an extreme amount of risk. A "10" means very
low risk -- a much sounder, more financially stable situation. You'll
see hardly any with a "1" or "10" rating. I chose "10" to mean lowest
risk so the higher the number after each of the three codes, the
more favorable the rating.
"M" stands for "Midterm Appreciation Potential."
A "1" means I view the situation as having a small degree of midterm
("mid-term" is six to 12 months) potential. A "10" means really
outstanding midterm potential.
"L" stands for "Long-term Appreciation Potential."
A "1" means I view the situation as having a small degree of long-term
("long-term" is over one year) potential. A "10" means really outstanding
long-term potential.
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