TNRG Tianrong Building Materials Message Board

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Microcap & Penny Stocks : TNRG Tianrong Building Materials

TNRG 0.0300

+14,900.0%

Jul 17 12:46 PM EST

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To: KZAP who wrote (7093)	4/12/1999 6:55:00 PM
From: saltbox	Read Replies (2) of 9824

KZAP, I understand your concern, but I'm not sure seeing numbers would make any difference. Most of the valuation of this stock (right now) is because of that magic word "internet" where the only important numbers are the number of hits the web-site will get. The perception is "get in now; they'll make money.....someday". Actually, now that I think about it, TNRG, with the mall, may be able to generate MORE profits than most internet-based companies: TNRG/TIPS charges the store a fee for each "net" transaction, much like VISA or MC. How much business would a store generate without accepting credit cards? Is the fee worth it? You betcha! Now, the store will have a world-wide "walk-in" clientele. Is it worth a fee if a sale is made? Absolutely!! So, unlike most Internet-based stocks where no one can figure out where the revenues will come from (let alone profits), I think what we have here is an internet company collecting revenues like a credit-card company, and generating profits just like they do. If anyone cares to torpedo this theory, feel free: I've got a thick skin.

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