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Microcap & Penny Stocks : WR, LB and Friends. NO HYPESTERS OR SCAMMERS -- Ignore unavailable to you. Want to Upgrade?

To: Tom Allinder who wrote (12693)	6/22/1999 2:08:00 PM
From: Tom Allinder	Read Replies (1) \| Respond to of 13776

DD GECC: (Golf Entertainment, Inc.) NASDAQ Stock.... O/S: 1.72M Float: 1.3M GECC is getting out of the equipment leasing business. The leasing business is still for sale... A recent sale was terminated. Efforts continue to unload this business. Finally the letter of intent to sell is detailed here: biz.yahoo.com Now, the company will focus entirely on the golf/entertainment business. Through acquisitions of golf courses and refurbishment of these facilities the company will try and compete with Family Golf Centers. The idea being (for example): The whole family goes to the Facility... Dad hits golf balls on the driving range or plays on the course. Mom plays tennis or golf. The kids play miniature golf, hit baseballs in the batting cage or play mind-numbing video games in the indoor games facility. Obviously the focus will be on golf. This may be a good idea given the growing popularity of the game. These facilities will offer an alternative to families on a budget that can't afford $20-100 greens fees at the regular courses. The first acquisition is covered in this news: biz.yahoo.com More acquisitions are in the works now. Chart on GECC: bigcharts.com The big spike to over 3 was owing to some idiot putting in a ticket for 50K at the open. Finally the former CEO is done selling his shares. So we shouldn't see anymore big dumping into news/buying. Not a Rec to buy... Please do your own DD. Tom