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Microcap & Penny Stocks : Classic Golf Corporation (CSGC)
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To: Alex Sharp who wrote (332)3/27/1998 12:23:00 PM
From: Dennis G.   of 904
 
You need to relax Stephanie. You might not get a fast return on your investment, but in the long run I think you will do fine. You should tell yourself that you are in a ground floor opportunity in the hugh, growing business of professional golf.

The important thing is for them to continue with the business plan and convince the market they are not going to disappear overnight. The details of the first tournament are not really all that significant. What the company needs more than anything else is exposure. That's why even the limited TV they are getting is so positive. It will expand the number of interested investors, sponsors and players alike. And it's much more effective than simple press releases. If they get that, the market price will follow.

If we get a runup sometime, you might consider selling half your position and keep half for the long term. That would give you the option of buying back that half on dips. They've already got good plans for follow-on events, so all I can say is keep the faith.

Dennis
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