GONT - GO ONLINE NETWORKS ( old symbol: JNNE ) Message Board

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Microcap & Penny Stocks : GONT - GO ONLINE NETWORKS ( old symbol: JNNE )

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To: Little Engine who wrote (491)	11/29/1999 11:40:00 AM
From: Terry D.	Read Replies (1) of 1063

Not directed at anyone in particular. We have those who predict the sky and those who predict a great downfall. I'm sure it all depends upon what price you were fortunate or unfortunate to buy in at. Those who bought at the .05 and under range and sold for some profit are now setting back owning shares for nothing. Those who bought at the range up to and including .95 probably think this stock is a POS. I originally bought into JNNE on 6/11/96 at a price of .23. I averaged down on 3/04/97 when the price was .07. I have never sold any shares nor bought anymore shares since that date as I've discovered that, over time, continuos averaging down usually means the stock isn't worth buying in the first place. Some say we are up 1200% for the year and at one time were up 4500+%. It all depends upon your initial price. Many will argue they are down 70%. At this point we seem unable to sustain our price. If we could, we would still be in the .50+ range after the dumping for profits. GONT is a news driven stock at this point in time. No news, the price further declines, news and we see an increase in volume and price. LE has been chastised for his posts. Although I believe his predictions of total doom for GONT are rather harsh, his predictions of price decline has been correct and no one can argue that. The same with the "nuclear spears." We have seen some increases only to see them lost the next day. The truth lies somewhere in between the true believers and the non believers. There is nothing wrong with unbridled optimism when facts are presented with it. The same with pessimism. This company will float or sink on it's own merit. Nothing we say or do on this board will change that. I read this weeks supplement to the Sunday paper "ACCESS" and was disappointed that we weren't mentioned in it's list of 102 E-commerce sites. That shows how much competition there is. Terry

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