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

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To: bottomfish who wrote (48900)5/31/2000 12:03:00 AM
From: Mr Knox  Read Replies (1) of 150070
 
IBUI has been in the process of buying other businesses that already have income. One of their last purchase was a mortgage company to benefit their Net2Loan web site. They are still in the process of going national with their ISP service, not to mention DSL, and probably Covad service.

They just recently are working with IBM in Europe with a project. There is just too much to mention here. But please check out post #58241 on the Raging Bull boards. All of the DD is there.

They have a lot of projects in the works. As far as the price goes, it was hyped way before its time. And of course almost all OTC stocks are getting hit with the current market conditions, and unfortunately there has been some insider selling.

I think there is some potential here, but was interested in what you all thought.

I think their next 10Q should be out in Sept. But not positive on that.
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