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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Jim Bishop who wrote (14949)	11/22/1999 11:22:00 PM
From: scouser	Respond to of 150070

WIZZF YIKES....... Message 12058888

To: Jim Bishop who wrote (14949)	11/23/1999 8:18:00 AM
From: myturn	Respond to of 150070

Could IBUI be the next AOL? Hey Jimmy B! You might want to pull those $$$ out of those jeans and get ready to put them in your Armani suit! ragingbull.com Hey guys, read this article about AOL's climb in Money(Oct-99,pg108-109) and it symbolizes many prudent concepts that's somewhat parallel to IBUI as far as investor experiences. Disclaimer: Not advocating people do this with IBUI. Just thought I would share. (Also edited for brevity) If you are a SPAZer, you may have read this before. March 1992 - AOL goes public at $0.18 a share "In 1993, Bill Swails, a 38 year old marketing manager with limited investment experience took the plunge on AOL 5 yrs aqo, bet nearly all of his modest savings on the stock. Convinced the stock was worth double its price, Swails sold his other stocks to come up with $18,000, all of which he put into AOL. (Split-adjusted, the basis of his shares were $1.25)" December 1993 - Morgan Stanley analyst Mary Meeker issues first buy rating on AOL (price is still around a buck and they say the big boys don't deal in penny stock, yeah right!) "It didn't take long for the stock to blow past Swails initial estimates of it value. But he chose not to sell. From 1994 to 1995 AOL's subscriber base jumped to 3 mil from 900k, leading Swails to adjust his expectations upward. By the spring of 1996, his stake hit $106,000. "Then came the storms: the technical problems, the huge write-off, the competition from Microsoft. Swails investment dwindled to $36,000 by October 1996. "It was nerve-racking," he admits. Yet he hung on. Yes, the accounting issue, which involved how AOL allocated its huge marketing costs, was a distraction. But customer and revenue growth continued to be strong. It was the company's future, not its present, that kept him in the game. Today he is living off the bounty, with nearly $1 million to show for his faith. Swails' cause has been helped by other true believers, from the early groupies on AOL's own message boards, to the AOL executive who sold the stock's story to Wall Street, to the securities analyst who embraced the stock and gave it legitimacy for big money portfolio managers to jump in." As we know, this stock is also undervalued. The smart investors are judging this penny stock based on it's future, not it's present. Additionally, this story also shows it can definitely pay big when you maintain your position fully realizing why you purchased it in the first place. Hope this was inspirational for others as it was for me. Thanks for reading it! Launchit (Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)