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Microcap & Penny Stocks : GONT - GO ONLINE NETWORKS ( old symbol: JNNE ) -- Ignore unavailable to you. Want to Upgrade?

To: JP Jouver who wrote (57)	9/29/1999 8:27:00 PM
From: Little Engine	Read Replies (3) \| Respond to of 1063

Jape, indeed, I am quite ready to be thrashed with the facts... one tires of hearing the "fact" that GONT is operating successful divisions...or that they have 200 kiosk agreements... the only place that information comes from is GONT itself. "DD" is not calling the PR department to find out if they think the stock has a bright future. About the only truly objective opinion on GONT has come from the auditors, and they question its ability to survive much longer. Months from now, if GONT shares are trading at a fraction of what they are now, you will have people posting that they had "no clue" things were so bad, since they had "no reason not to trust the company." But we both can see all the clues right now. I'd like the kiosk idea if they were actually installing them at a fast pace. And I just can't see people being very happy with Pentium I processors and 56K modems for long. By the time the kiosks "pay for themselves", they will be outdated. The company seems to be living day to day as far as expenditures go -- the one-day "media blitz" being the prime example. I don't believe my dislike of this stock "blows my credibility." I have no positive things to say about the stock since I don't see anything positive here. Online shopping? Coolsavings.com, hardly a household name, plans to spend $10-15 million over the next year in advertising. How do you compete with budgets like that? As far as the kiosks go, I'm seriously beginning to wonder if GONT actually owns them, or is just acting as a sort of a broker. They had a couple installed during the first half of the year, but no money from them showed up in the financials. Why is that? Auctionomics? Does someone want to translate the following from their site: "... verifies customer referrals and transactions and manages the related revenue structures in a relationship-based global-access selling model." Huh? No, I don't see anything positive about a stock with over 70 million shares out (with plans to issue more soon), with no money coming in, no market share, no original ideas, which has also done all the questionable things you described. I can agree to disagree, and would love to discuss facts anytime. Meanwhile, I'd love to know where the million dollars went. I am sure that the explanation will border on bizarre. Sincerely, L.E.