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

To: myturn who wrote (58666)	8/9/2000 5:23:08 PM
From: on parole	Read Replies (1) \| Respond to of 150070

RG, I admire you for doing your work and sticking with a company you know and are bullish on. I've found there is no substitute for doing the work yourself. I've seen a few on here who flip from one to another on the next tip. This is a sure way to lose in the long run. I hope all of you have read the releases carefully on IIMC. The PR firm has hurt this stock, in my opinion, with the way they issue news. Unlike other releases of companies, where we are used to seeing gross revenues, they are mentioning only the net income. Most understand that this is what counts, but the bigger gross figures catch people's attention. The July 10 press release projected net income of $1,500,000 for year 2000. The first quarter was reported ended March 30 and IIMC has already done $1,400,000 in net income. What will this do to the 2001 projections of $20 to $25 million in net income? The second quarter is to be reported this week and the projections will be revised. I have suggested and believe we will get a more detailed news release that incorporates the gross revenue figures. This stock is very undervalued and they have institutional interest. Many others I have large positions in such as LGOV, HNSP, INFE, and GNNU. These can make you many times your money and have outstanding fundamentals in my opinion. The key is doing the work yourself so you have the staying power as buying on the exact low can always be difficult. After that it becomes a mental game and those who know their investments best have the greater opportunity of winning. Best wishes to you my friend.