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Microcap & Penny Stocks : YOUR FAVORITE INTERNET PICK..... AND WHY ?????

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To: truth who wrote (89)12/21/1998 5:58:00 PM
From: Stock Watcher   of 962
 
Truth - GNET owns SI - that's the truth. Last quarter they earned .02 per share. 9 months ending 6/98 revenues rose to 2.9M from 218K in same period in prior year. Net loss rose 61% to 2.2M. reflecting higher operating costs.

52 week high 51.75 / low 6.50

Support @ 30 / resistance @ 43

Chart looks good. Need to break through $43 convincingly to rise above current trading range.

Low float: 5.91M shares; revenue growth is very impressive. Expenses should decrease percentage-wise relative to new sources of income from GNET's "brother and sister" web-sites.

Overall, an aggressive, ambitious company who understands how to design "user-friendly" web-sites/ No, folks, they didn't discount my membership fee to write this post nor do I own GNET.
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