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Technology Stocks : Golden Genesis (GGGO), formerly PCOM

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To: Geoff who wrote (8)8/8/1996 3:50:00 PM
From: PuddleGlum   of 145
 
Geoff:
I found the news on AOL the evening before I posted the info (I'd post the entire release except that I don't have access to AOL from where I'm at now). After talking to the company this morning I learned that NWP announced its intent to sell some 6 months ago, and that sale has been hanging like a cloud over PCOM for all that time. PCOM considers the sale to be a positive development.

The company is expecting 20-25% top line growth for the forseeable future. While the current quarter will be good, don't draw too many conclusions from it. The real meat in this company is several years down the pike. Additional revenues won't go straight to the bottom line because there is a great deal of engineering work needed to make a lot of possibilities into reality.

I expect to see a pop to over $3 based on finalization of the NWP sale and the next earnings announcement. After that, I hope that you have a lot of patience, because you'll need it. But the reward is there.

Steve
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