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

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To: Ken W who wrote (337)2/16/1999 10:03:00 PM
From: nokomis  Read Replies (1) of 476
 
Ok guys, settle down. This is a million dollar+++ revenue-producing company. The kind of company we all (baby boomers, that is) grew up with...Lassie, Lulu and the Lone Ranger. Millions and millions of books sold through traditional channels. Stock gets beat up (initially because of a few poor quarters -- translate: a million or two less of millions & millions) Who cares? CNBC cares, because they have the power. And who gave it to them? We did. Remember, power is a temporary phenonemon...it flows through any of us at whim -- how it is used is what matters. CNBC blew it. Big time. GBFE wont' sue them. They can't sue them because CNBC's Faber had a pink sheet in front of him that was probably supplied by an insider. Management probably knows more than the insider. The insider is probably an employee in the dark. There will be a clarification and the dust will settle. This company won't disappear overnight. We've enjoyed it for the past 25 years. We grew up with it. It's now trying to make the transition to online sales. They know where it's at. They still have their training wheels on and they're making mistakes along the way. What mistakes? Tolerating inept employees...employees who have been inundated with hundreds of phone calls today...who can blame them? They're nice, but don't have the full story. Translation? Some dimwit thinks because they are honoring the legalities of proper IR and waiting for the Pres to release clarification, they're deemed to be "ignorant" and "avoiding real shareholder concerns".

Come on guys, get a life and give this company a chance. It ain't going down the tube...it's simply the latest victim of the momentum players. Relax already.

cheers to all longs,
NOK
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