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Microcap & Penny Stocks : GGNC - GIC/Global Intertainment Corporation

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To: LORD ERNIE who wrote (2392)5/11/1999 8:23:00 PM
From: John Sladek  Read Replies (2) of 2585
 
Lord Ernine

NEWS from today: Internet stock news will also include GGNC

Did you see what internet stock news actually had to say about GGNC?
internetstocknews.com

First of all, the report is about five months old from December 24, 1998 actually - so it's not like they're following it too closely.

GIC Global Intertainment Corp. (OTC BB: GGNC) www.ggncwins.com Based in Las Vegas, drew much attention to the sector with its recent stock price run from $.11 in October to over $6 this month. This recommended buy from the Wall Street Research Report will earn $.08 from its online casino and sports book in 1998 and projects $1.50 in earnings next year. That may sound like hype which is an area where GGNC is an industry leader (witness a recent news release that compared the cybermall addition to its website to Amazon.com). GGNC currently trades around $2.

What amazing research:

1. Based in Los Vegas! That's where their resident agent is, and that's the byline on their PR's, but I thought that GGNC had been distancing itself from the continental USA - and that they were now being run out of Hong Kong.

2. They never mentioned that Wall Street Research was PAID to produce that stunning research report.

3. That may sound like hype which is an area where GGNC is an industry leader
On the other hand, they seem to have got this part right.

Regards,
John Sladek
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