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.

Non-Tech : GRIN (Grand Toys International Inc) -- Ignore unavailable to you. Want to Upgrade?

To: ALTERN8 who wrote (239)	8/6/1999 5:26:00 PM
From: Frederick Langford	Respond to of 495

GRIN down here should be pretty safe. These guys made a profit and aren't interest sensitive. When verification of Pokemon is out, GRIN will explode. How is management with press releases? Fred

To: ALTERN8 who wrote (239)	8/6/1999 10:38:00 PM
From: Frank McVerry	Read Replies (1) \| Respond to of 495

ALTERN8, The market always has me worried but I try to stay 100% invested, the 'Peter Lynch' way, with my stock-market money. You're right, the present economic announcements are not positive with respect to inflation and point to PE contraction in the high PE stocks because of the rising interest rates. That's why I like GRIN, because there is a 'bedrock' of value which has been pretty-much ignored to date - we have a company here with no long-term debt which has been making money for 40 years (and probably the next 40 too) with a 'niche' of largely-exclusive distribution rights for their products in Canada. It may not be an Internet 'rocket' (though even that possibility exists for them) but as it's a micro-cap with a small float, it seems any good news can give you very good percentage gains. FWIW, Frank