To: JDN who wrote (10332 ) 10/14/1999 12:55:00 PM From: im a survivor Respond to of 10786
<<Dear KG4: Sometimes bad things too. I "bailed" at 12 God, what if I had waited? JDN >> I hear ya !! Yea, I guess that statment currently would not have rung true if it was stated several months ago. Glad you got out when you did. I still feel at $2, or less, the statement is a good one. Good things are happening with the company. The problem is it's past history. Once we get past the past ( sounds interesting !), and get back to fundamentals and proper valuations, I think this company will be appreciably higher. Just my opinion of course, but I am backing it up by buying at these levels. Sometimes, one of the best ways to make $$'sis to find companies that have been beaten down for whatever reason, that have a chance to rebound and suceed. This stock is pretty damn beaten down. That, and the fact that I think their new business model is suceeding in a big way, lead me to take a chance on this. It may take time to get over past problems, but I think it will happen. In fact, I think it is happening right now , but we haven't seen it yet, because it is just now occuring. I also look at it like this. Vurrent share price is pretty damn low. Down again today, but lets use $2, simply because it is a nice even number. $4, represents a 100% gain. Institutions won't buy until $5, which is a 150% gain, I believe. Gruder was just up north, working on the institutions. My understanding is BG is on a mission to get share price up. I think, the company will either go out of business, or $5 will be a given within the near term. With what they have going on, I don't think they are going out of business. Therfor, I feel after we are done consolidating down here, $5 will be the next target. After $5, I think we will start seeing some real good solid movement and higher volume. Word has it, that BG wants a $25 share price near term. Personally, I think this is not going to happen near term. Next year, yes, but not this year. However, I do feel $10 is within reach short term. That is a very appreciable gain from current levels, and because I feel we have a better chance of achieving $10 rather then .10cents, I am putting my money where my mouth is. Again, all just my opinion...everybody should do their own DD and make their own decisions. Good Luck Again, just mu