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To: Fred Gohlke who wrote (9812)10/21/2001 10:10:42 PM
From: Seconds Out  Respond to of 10081
 
I agree with you Fred...and I can read a balance sheet with one eye tied behind my back. :-)

In light of the statement that GMGC made in the last filing that they have cash to last until this January, I am struck by the fact that this last group of Preferreds accepted an 18 month payout of their $1.25 million which was weighted heavily toward the back end.

Maybe we will actually hear something at the CC on Wednesday to clear things up at least a little bit. Could be wishful thinking, I know.

Seconds Out.



To: Fred Gohlke who wrote (9812)10/24/2001 11:32:16 AM
From: James Strauss  Read Replies (1) | Respond to of 10081
 
Fred:

I agree with your assessment... The statements and steps taken by GMGC mgmt seem to be directed towards the long term equity holders... These are confidence building statements... Equity holders are less likely to sell given the recent news... This creates stability in the stock price... Any smattering of good news from this point forward could move the stock price over 1.00 again... That would be a good place to be as new contracts for new revenues are signed...

Jim