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Microcap & Penny Stocks : OWLD OneWorld Systems
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To: Ron Kline who wrote (1443)7/13/1998 3:24:00 PM
From: Potato Farmer  Read Replies (1) of 1648
 
Ron,
I disagree with some of your analysis in your response. GVIL was not a disaster from the IPO onward. GVIL went public at $8 and stayed in a trading range not far from there throughout much of 1994. In 1995 the stock traded up smartly, getting way ahead of itself. It peaked at $24 and change. By mid-1996 it was back to the IPO price and continuously weakened from then until now. As far as profits go, the company had a fine track record for both profit and growth up until the end of 1995. They put together a record of 11 or 12 quarters in a row of 50%+ year over year growth; few others could say that. From 1996 on they had near zero success competing. The management simply could not adapt to a world where Apple wasn't their guiding light, and where people were not willing to line up to pay big prices for fax software.

Pete F.
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