GBFE - GOLDEN BOOKS FAMILY ENTMT INC Message Board

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Microcap & Penny Stocks : GBFE - GOLDEN BOOKS FAMILY ENTMT INC

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To: JEM who wrote (198)	1/19/1999 1:18:00 PM
From: DavidCG	Read Replies (3) of 476

When you wish upon a star.... you may get GBFE at a bargain by far! Hi kids, Today's move was to initiate a panic selloff from all those people who bought above $1.50 (which, before today..is just about EVERYONE) Knowing this... I started buying it today...accounting for the fear/panic button all investors share. Here is why I'm buying GBFE at these ridiculous prices... everyone with me on this one? 1.) DISNEY and MICHAEL EISNER: "Walt Disney Co. Chairman and Chief Executive Michael Eisner SAID the company may buy the struggling children's book publisher." That's no rumor on his interest.. in FACT he IS interested. 2.) No penny stocks that I have ever traded have ever been looked over as a takeover candidate buy a large, established corporation like Disney. In other words, even being noticed by Disney gives this stock huge value. 3.) GBFE has a product.. some of the most popular childrens books out there. And they sell Disney books. 4.) $52 mil in revs in the third quarter... or $200 + mil in revs each year. So, they are bringing in money. This isn't some penny stock with no revs. 5.) GBFE is in heavy debt (that's why it was sub $1 in the first place) BUT, they have been paying their debt back on time and have not missed payments. This indicates to me that they aren't about to go under or bankrupt any time soon because they have the ability to generate revs, and pay expenses, and pay debts. A good sign. 6.) Finally, a 52 week high of $11.81. Ok, I'm not looking at $11.81 But from this level.. can it jump back to $2? $3?... You bet! -DavidCG

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