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

To: Jim Bishop who wrote (63450)	9/14/2000 8:35:09 PM
From: Ronald de Castro	Read Replies (1) \| Respond to of 150070

hey jim, GSTXQ...looks interesting. I'm a little bit confused though. are you rooting for the sale w/ Time Warner NOT to go through? this was from the press release: GST's stockholders, however, will be left in the cold if the sale goes through. ... The $690 million agreement covers only a portion of GST's total $1.2 billion debt. First in line to be paid are a host of telecom infrastructure suppliers and several lenders. As prescribed by bankruptcy law GST shareholders will lose their investment in the company if the sale goes through. Some shareholders have discussed filing a class-action suit against GST, but attorneys say they would be unlikely to get any return from the bankrupt company even if they won. will it or can it survive as a stand alone company? what do you look for? Thanks!

To: Jim Bishop who wrote (63450)	9/14/2000 8:46:19 PM
From: myturn	Respond to of 150070

PAPO, I pulled this off of the RB thread. PAPO told me a long time ago they were working on a deal with PRAV and it was getting close to being finalized. PAPO has some Video Technology that PRAV wants and it appears PRAV believes it is worth a lot of money (shares) to PAPO. In the tune of 7.5 million. Well, well? Let's see an OS of around 18 million, now 7.5 million shares of PRAV.... On paper, right now that gives PAPO revenue of nearly $26 million. That is not including the revenue stream from the wells that we will be seeing just around the corner. No revenue 6 months ago and now revenue of nearly $26 million. Yes, obviously it will be a big factor as to where PRAV's stock price will be next year, but I am hearing they will be applying for the AMEX before the year is out. A year from now, those shares will become unrestricted. There is supposedly warrants in the deal. This makes my day/year just go kaboom. I am long on PAPO and have been long on them for a year now. I sat through those lows biting my nails. The sad part of the story; I had 50k of PRAV from .06 that I unloaded on the run up in the .20 range. I had an opportunity to buy back in in the low teens and watched for a few days and said nah. Why nah? I had called PRAV a couple of times, but they never returned my call when they were not even trading. ROFLMAO ragingbull.altavista.com Cheers RG