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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: edamo who wrote (34661)3/26/2001 12:55:49 PM
From: im a survivor  Respond to of 65232
 
<<keith....the truth is stranger then fiction....you found an inexpensive stock that is profitable!!!!! >>

GEMS
amazing, isn't it....not only are they profitable, but they seem to be on the verge of being very profitable if all the good news pans out........very small float.....pretty high institutional ownership......not a heavily traded stock.

Anyway, dont buy because I brought it up....do your own homework naturally......I tell ya, forget the profitability part....the things that intrigue me the most is the news of the last year...looking over the news, companies plans and etc....Made me feel good buying for $2 or $3 a share....I also like No debt on the balance sheet....or very, very, very little.......They have a line of very impressive products coming out.....you should contact the company and get some info on their plans and products....very interesting indeed.....and If you believe in wireless anything, then you should be excited about this companies long term prospects...JMOT

Good luck

Keith



To: edamo who wrote (34661)3/26/2001 1:32:11 PM
From: im a survivor  Respond to of 65232
 
Ed- GEMS

Check out insider buying and selling.......Both CEO and VP have bought lots of shares recently...in fact, CEO bought 50,000 shares on March 16th........also bought in January....also, lots of shares bought all of last year...but what intrigues me the most is ceo and vp buying very, very recently...not excersisng options.....buying on the open market...I think for about $2.20 a share or therabouts....and purchases in January were in the $4ish range. Insiders buying on the open market tells me that they themselves believe good things are happening within the company and they obviously feel the shares will appreciate, or why else buy....who would know best...analysts? Me? You?, or the CEO and VP of the company? My guess is the ceo and other management simply see what a bargain their company is, with the future they have ahead of themselves...why else, if you already have a boatload of shares, would you be buying more on the open market...twice since january and most recently two weeks ago.....

Thoughts to ponder!

Keith