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Microcap & Penny Stocks : OWLD OneWorld Systems -- Ignore unavailable to you. Want to Upgrade?

To: Richard Jurek who wrote (1339)	4/1/1998 12:51:00 AM
From: Jeff Goodman	Respond to of 1648

>and they have sold $68 mil in revenue for a tiny $10 mil; Here's a different take, Richard. Why did GV sell out so low? How about because maybe that's all it was worth. Consider that GV was essentially wholly dependent upon Mac-based products. What if...Apple were going to do something--such as standardize on USR products--that would decimate the Mac market for them. Under those circumstances, selling out for $10M was probably the correct thing to do, right? (By the way, this is total speculation on my part--it just makes the rest of the picture make more sense to me.) And remember the earlier posting today which said that ok, you've got a company with no revenues, no product, just a brand name and an idea. Worthless, right? Well, maybe, except that they're focusing on networking and the Internet. And we all know that there are a lot of Internet companies with _very_ high valuations that don't have much more than what GV has now. Also keep in mind that Selvin was describing a real market need--small and medium businesses who don't have in-house tech support/IS people. If they can bring the GV ease-of-use and value to this market, the company will be worth a lot. By the way, I was getting antsy about the company last week and interested in doing some other investing in Microsoft, so I got most of my money out for around $2.50 a share. Total luck. I took a small loss on those shares, but it could have been worse. Unfortunately, I still have another thousand shares. I'm going to hold tight for a while. We'll see. Best regards, Jeff