Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : General Stores - GSIC -- Ignore unavailable to you. Want to Upgrade?

To: RealTime who wrote (816)	6/15/1999 8:39:00 PM
From: Pask	Read Replies (3) \| Respond to of 972

RealTime, This stock does not have enough shares outstanding to make a reverse split beneficial. This company will release more shares into the float to generate more capital before it would ever make this company less liquid to investors. Where do you come up with this GARBAGE. You and your nickle buddy really want to buy in cheap don't you? Well it ain't going to get much cheaper than it is right now. I can only LAUGH at your bashing techniques, because you and your buddy just aren't smart enough to scare me and my fellow shareholders out of this company. NOT GOING TO HAPPEN. Pask

To: RealTime who wrote (816)	6/17/1999 9:47:00 AM
From: Bo Le	Read Replies (1) \| Respond to of 972

RealTime, reverse split is a sure way to get GSIC to $100. But here is another possibility that GSIC may hit $100 in a few year without reverse split. Here is the math: There are more than 50 million homes in the US. Say 2% of them,i.e., 1 million homes, set up account with GSIC in next few years. Say GSIC earn $5 each week from those account (assume each home spend $50 - $100 a week on food, etc). This is $20 a month and $240 a year. This bring total income for GSIC at $240 million. Say give GSIC a PE = 20. Then GSIC should have a market cap about $4.8 billion. There are about 40 million GSIC shares outstanding. So you get about $120 a share. Make sense? Bo