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Microcap & Penny Stocks : Classic Golf Corporation (CSGC) -- Ignore unavailable to you. Want to Upgrade?


To: Alex Sharp who wrote (33)3/11/1998 3:44:00 PM
From: Mackie  Read Replies (1) | Respond to of 904
 
WHAT PRICE!

The price will only move with information on Sponsors and more major players. We keep going around and around with this .... I know the news release did name players, but not exactly what "others" are looking for - as far as investing with CSGC, formerly ACCY!

These players named need to bring attention/spotlight, etc. attracting more sponsors, or NO new prices in the stock.

Sorry for the truth...but is anyone out there buying this stock at this time? Are you? Well, that is the question to ask?

Mackie



To: Alex Sharp who wrote (33)3/12/1998 1:40:00 AM
From: Larry Brubaker  Read Replies (1) | Respond to of 904
 
You keep asking what is wrong with the price? IMO, there is nothing wrong with the price. In fact, I think the price action is quite healthy given that the company still has yet to announce much in the way of sponsors. When it was at 60 cents, I said this is not a $2 stock and I still believe that to be the case.

Now if they were to announce Arnie and Lee and a few more substantial sponsors, I think we could sustain a significantly higher price, but even then, I think it would be way overvalued at $2. I see this as potentially a $2 stock AFTER they have managed to pull of at least 2 tournaments, and they have demonstrated they can run these tournaments at enough of a profit to warrant a $2 price.

But as of now, I think .34 is a pretty fair price for the stock.