Joanie, That was a fine post and it is good to hear from a true pal after the past few days. In answer to your question, where was GNET last year. It was a 19 dollar stock and I was telling all my pals that GNET was the internet I was hitching my wagon to. I asked all to come along as there was gold in them thar GNET hills. Some did, the rest are bummed.
RE: AOL not listing GNET as an internet stock. There may be a good reason for this, maybe AOL wants to take out the competition, buy GNET and for as cheap as possible. GNET should be getting all ISP's attention because its stock is out performing them all.
Then again, perhaps what seems like a blackout is just a case of one man who doesn't know JACK about internet stocks, making calls on who is an internet company and who is not. Two things are for damn sure, it makes you wonder and it makes AOL look silly.
You know how I love to find facts that others overlook. Listed today on AOL is Bloomberg's 100 Hot Stocks. GNET is number thirty but much more important than the honor of making the list is that (unless I missed something) GNET had the best return of all the 100 hot stocks. Yup, 174.56% YTD. AOL's return? A sad .40%, yes that is point four zero. No wonder AOL doesn't list GNET maybe it is the old head in the sand syndrome. I don't use AOL's PF boards and I don't read them, I don't use the investment chats. I don't use AOL for research. I only check AOL's PF boards to see what they are putting out to John Q. Public.
One point I forgot to make about why AOL may have some risk is about how they count page views. If you want to check a portfolio, how many pages does that take? Do you see what I mean? Is that one page or three page views?
There were two major pieces of news on GNET last week that make investing in this company a total no-brainer. First there was GNET's CEO telling the Street to raise GNET's earnings bar. Excuse me, what did you say? Now that is a hint and a half for all investors. Earnings drive the market, earnings drive stocks, it is that simple.
The second piece of news was about Hypermart.net (another GNET gem) 150,000 small businesses and growing by 500 a day. Excuse me, did you say 500 a day? Question, what is the worth of SI, 100Hot.com and Hypermart alone as IPOs?
I've added this all up several different ways, looked at GNET from all angles and no matter how you look at it, all those GNET shares we bought for cheap mean one thing, we are rich. "He who has the most shares at the cheapest price wins". 909ers to all, BLUE |
