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Microcap & Penny Stocks : ADGI - American Diversified Group -- Ignore unavailable to you. Want to Upgrade?


To: Walter Morton who wrote (9519)6/2/2000 3:46:00 PM
From: jan_mike  Read Replies (1) | Respond to of 9569
 
Interesting question. I have a multi-part take on that. Part one is that the big money is going to pour back into depressed first tier stocks before it finds it's way down here. I think there's more apathy than hostility for BBs right now.

Part two is the acquisition of this pr. etc. company. To tell the truth, I never looked into what they really do or might do to make any money. If they're not a drain, I count them as a big plus. Most ADGI sized companies, if they have any IR or PR outside the company, are lucky. What usually happens is that one party or the other gets into a fight over compensation or value of service or whatever; the pr dudes leave in huff, there is a shorting contest or a court battle or a disconnected IR contact line. Pardon that sentence. ADGI has effectively guaranteed themselves a long term entity at the other end of that telephone line. Hopefully, they'll start directing dirt bag investors like me to that person and let Hinton run the company. Either way, I think it's a classier organization having them.

I think the comparison to the drug fiasco is apples and oranges. ADGI needs to shed that drug bust, so to speak, and be identified as voip, to be taken seriously. That speaks to what their core business, prospects and valuation are. If a VOIP company has a subsidiary that provides phone answering, memo publishing and mailings, which happens to be trying to operate a lemonaid stand or support direct marketing or whatever, that shouldn't detract from ADGI itself. Enough run on sentences already.
Mike