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Microcap & Penny Stocks : Generation Entertainment (GNEN, GNEND)

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To: MakeMoney who wrote (460)1/11/1999 8:12:00 PM
From: monsoon  Read Replies (1) of 1431
 
I beg to differ... MakeMoney

You are right, the potential of the internet is immense. But something people need to realize that in the world of internet commerce, the competition is just a click away. Now what does that mean, you ask? Well, that means tremendous competition and that leads to profit margin erosion. I am not here to argue with you the potential of the internet, and I agree with you that we have "NOT SEEN ANYTHING YET". My simple point been that if you or anyone think that all these budding internet companies will prosper and support their sky-high stock valuations in the long term, then I think your outlook is seriously flawed.

I believe in GNEN because I think it is undervalued as to its aggressive business plan and the experienced management team it has assembled. But as of right now I'm getting ready to short some of those high-flying net stocks. I truly believe that if and when the DOW adjusts in the near term, the net stocks will CRASH.

Well that's just my general market outlook regarding net-stocks. Anyway, MakeMoney, I hope you are right and GNEN catches the net-stock valuation (whatever it may be).
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