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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX) -- Ignore unavailable to you. Want to Upgrade?

To: Roger who wrote (592)	4/30/1998 5:06:00 PM
From: vic vreeland	Read Replies (2) \| Respond to of 3129

Just looked at the quote on gnnx did i get scammed again lots of talk of scam it must be easy to set up a company - sell otc bb stock and then drop the hammer on the ones who didnt have the time to do dd mutual funds are looking better everyday - if i have any funds left i have 5 of these hype stocks - all were going thru the roof and now are all in the toilet the only thing that keeps one going is the stock that was .15 cents an hour ago and now is 9 3/8 ths - why do we always hear about these AFTER they go ballistic just a little disappointed in cedar creek - thought gnnx sounded so good vic

To: Roger who wrote (592)	4/30/1998 6:04:00 PM
From: Mark[ox5]	Read Replies (2) \| Respond to of 3129

This thread is in shambles already. People wake up.. the company earned .31 on ave 10.9M shares last year. Now the share count is doubled so you have to HALVE the EPS from last year.. so lets give it .155 EPS. With NO NEW BUSINESS, NO NEW CONTRACTS, NO ANYTHING..if they JUST CONTINUE BUSINESS FROM LAST YEAR WITH NO INTERNAL GROWTH.. 1998: .155 EPS x 20 PE = $3.10 Sheesh, amazing how people get all rabid about a stock just because it doesnt go up every day. Charger, I think you have the right idea about just shutting up sometimes and refraining from posting on the board. I am with Roger though.. its hard to see a stock get shot down for no reason, especially by people NOT IN the stock. Lots of people read a thread before investing and when they see this BALONEY it turns them off. Yes, not everything is defined with this stock, but for $2.50, they are undervalued from LAST years point of view with a conservative PE. There is still DD and questions to be asked, but give us a little credit here. If you are not in the stock, why are you painting it negatively with a wide paintbrush? To save us? Thanks but no thanks.. take your marbles and go home. Why do people do that on every thread? Come and try to "save" the investors in it already?? Spend your energy on finding a stock YOU LIKE. There are 14,000 stocks out there... go spend energy finding one you like, instead of ripping on this obvious "SCAM!!!" Ridiculous. Mark