HGRM--Any Followers? Message Board

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Microcap & Penny Stocks : HGRM--Any Followers?

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To: Ted M who wrote (1924)	2/20/1999 12:16:00 PM
From: Jim Burnham	Read Replies (3) of 3576

Ted, you have done a good job of stating what most HGRM investors feel. There may be risks involved with owning a piece of this company, but they are honest and the reward far outweight the risks. On Voxel, I don't think it is fair to say that HGRM lost that bid. Seems like they either decided to focus elsewhere or simply couldn't raise the 5+ million (+ due to voxel needing development money still) in the given timeframe. Also, you have to give Kevin credit for the deal he did walk away with. I would think that Bill Gates and John Malone would take pride in getting those consessions for leaving the table. I believe the only thing holding the stock back from the serious double digit prices is the lack of new investors. Everybody that owns some HGRM is probably content with the amount they have. And the MMs have found out that we aren't going to sell HGRM. And they have given us quite a ride trying to shake us. Going to NASDAQ will solve that lack of new investors. Once on NASDAQ brokers will be able to tell their clients about HGRM. Brokers aren't supposed to recommend OTC stocks. On NASDAQ, HGRM will start to attract some serious institutional investors. We have seen what happens when someone decides to buy 10,000 shares. Imagine what would happen if someone decided to buy 500,000 shares. The MMs would have to seriously raise the price in order to convince us to sell. I think that there is one more piece of information that hasn't been mentioned. Back when Kevin said that we would see 25 times the earnings in 1999 than in 1998, I don't think he was talking about this Russian contract. Think about it. Kevin is the most un-hype CEO I've had the pleasure of dealing with. He just doesn't seem to be one to put out a press release like that based on a contract he doesn't have locked down. Jim

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