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Microcap & Penny Stocks : Gourmet's Choice Coffee Co. - GMCH

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To: CAPT.DAN who wrote (1062)2/18/1999 6:39:00 PM
From: Proletariat  Read Replies (1) of 2161
 
I know I will be accused of hyping a stock that I have a pretty hefty stake in, but here goes anyway.....
Today's news release could potentially be signaling a big development next week regarding the franchise piece of Jim Tilton's strategy for Gourmet's Choice Coffee. He states that..." GMCH has had significant discussions with certain parties that may lead to a much more aggressive and rapid expansion of its...franchise program than originally planned. GMCH expects to make public the details..when they are finalized which should occur within the next week".
If I had some available additional cash I would buy more here. The stock price didn't move up all that much today on this information, but if it means for example that some larger group wants franchises or some other alliance is about to happen, that would be fairly dramatic. I realize that this is only "pre-news", but think of the possibilities. All I can say is that the street is taking a very, very cautious wait and see attitude with GMCH. I wonder if it is too cautious. This might be a real potential play for somebody that has some risk capital. Unfortunately, mine is already committed.
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