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Second prelude: A dirt mine in Idaho

Your first reaction is the universal reaction, ``This is a silver mine?''. Having become a shareholder in Bitter Luck Next Time Mining Corporation, traded on the Spokane Stock Exchange, you've taken it upon yourself to pay a visit to your investment. What you appear to have bought for the princely sum of $0.03 per share is...a hole in the ground. A hole in some singularly barren ground.

Yet what you own is a legitimate mining property, one which exhibits great financial leverage without involving a penny of debt. Your penny stock investment can, under the right circumstances, make you a millionaire. Understanding the difference between leverage and debt prepares us to tackle the greatest manifestation of leverage of all: the technological leverage of the New Technological Corporation.

Editor: John Walker