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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: Q. who wrote (5395)4/17/2000 9:29:00 PM
From: EL KABONG!!!  Read Replies (1) of 7056
 
Hmmm...

I think you guys may be wrong about this. Look at it this way. Right now HITT is a search engine company or a portal company, competing somewhat unsuccessfully with the bigger players in those areas. Now they suddenly find themselves with a valuable asset, one that you can't find even on eBay. I think that with little effort, they can transform themselves into an Internet auction site and auction off the stamp collection by themselves, in the process receiving transaction fees from both buyer and seller, and realizing the entire proceeds from the seller's sale.

Think of the tens of thousands or even hundreds of thousands of Aden philatelists that must exist out there somewhere, and no place on the Internet to pursue their interest. This may prove to be a profitable niche market. We shall wait and see. eBay, watch your hind quarters...

KJC
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