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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Brad who wrote (43831)4/18/2000 10:58:00 PM
From: Katie Kommando  Read Replies (1) of 150070
 
Sue . . . I would just add a few things to the info Brad posted on GWTR.

The CEO filed a 144 recently for 5M shares:

biz.yahoo.com

The revenues look decent. Last year revenues rose 96% to $68M. Net income rose 31% to $1.3 million.

I would guess that three things have hurt the price the most:

1. General market conditions
2. The very large float and outstanding shares
3. 144s

However, the market is now improving and I've seen companies with huge floats really move.

Good luck,

Katie K.

P.S. Sorry, I noticed I posted this to Brad instead of you. My mistake.

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