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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX)

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To: Harry_Behemoth who wrote (379)4/24/1998 1:17:00 PM
From: DavidCG  Read Replies (1) of 3129
 
Everyone is right on the money today.

Yes, $200 mil in revs is not $200 mil in profits.

The profit margin via the CEO is 3-5% which Boob stated for us days ago.

I think it was Mark that was also correct in stating that these telecom companies are valued on their telecom revenues coming in.

And let us not forget folks, GNNX isn't just into telecommunications, they have about ..what is it 8 different areas that they are into as well.

The EPS for GNNX without these $200 mil in telecom contracts was .315 last year..... thats with NO TELECOM contracts.

Are you starting to get the picture here?

These guys were plenty profitable before getting $200 mil deep into the telecom game.

I like that. I like that a lot!

Good Trading!

-DavidCG
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