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Microcap & Penny Stocks : GOLX - Scam or the next Yahoo?

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To: Pink Minion who started this subject8/31/2000 10:07:57 PM
From: Q.  Read Replies (1) of 22
 
ex_D, it's got a $450 M market cap. That gets my attention.

You mentioned that the company is in Iowa. Let me elaborate.

It's not just anyplace in Iowa. It is in Fairfield Iowa, the home of the Maharishi.

mum.edu

There are many small-business entrepreneurial types who live there. Probably half of the town are Maharishi followers. Transcendental mediation is what they call it. Among other things, they aim to be able to fly while sitting in a lotus position. They call it yogic flying.

Lots of these people are business-minded entrepreneurs. Mostly they run smallish private businesses, often with a technical bent. Software and the like. I'm not sure how many publiclly-traded companies are based there. I can remember one a couple of years ago that was on the nasdaq, and it went bankrupt. It was a long-distance reseller. I was familiar with one of its executives, because he had previously started and run an ice cream shop that was famous, until it went BK. He's not on the board of GOLX, however.

As always with high-flying BB stocks, it'll be worth checking out the principals of this company. I'll get started soon.
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