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


To: Alex Sharp who wrote (332)3/27/1998 12:23:00 PM
From: Dennis G.  Respond to of 904
 
You need to relax Stephanie. You might not get a fast return on your investment, but in the long run I think you will do fine. You should tell yourself that you are in a ground floor opportunity in the hugh, growing business of professional golf.

The important thing is for them to continue with the business plan and convince the market they are not going to disappear overnight. The details of the first tournament are not really all that significant. What the company needs more than anything else is exposure. That's why even the limited TV they are getting is so positive. It will expand the number of interested investors, sponsors and players alike. And it's much more effective than simple press releases. If they get that, the market price will follow.

If we get a runup sometime, you might consider selling half your position and keep half for the long term. That would give you the option of buying back that half on dips. They've already got good plans for follow-on events, so all I can say is keep the faith.

Dennis



To: Alex Sharp who wrote (332)3/27/1998 2:25:00 PM
From: Lionheart  Read Replies (1) | Respond to of 904
 
Apparently you were told there would be no more press releases by somebody at the office. I really find that hard to believe because even though we use the internet, the majority of people still don't and many of the people who would be interested in this company or play golf don't either. It doesn't make sense that news would only be conveyed via the Website. I think their office was just bombarded by too many calls from investors who are also on the internet and that's why you were told to look to the website. If this were true, that would be a stupid strategy and the company would definitely hear about it from the stockholders. Do you mean to say that newspaper articles would not be used, even in cities where the tournaments are going to be held? Nor radio spots? Nor TV? I don't think so!