To: Almost Blue who wrote (865 ) 5/11/1998 11:19:00 PM From: Charger Respond to
Daniel - I appreciate the work you are doing. Dont know if you will get this in time, but thot I would add two more cents...History of GNNX, how was it found, and evolved? .. I dont know what is meant by "found". Is the question - who started it and why?Why it was merged with HST, etc. It is a known business practice to back into a shell in order to become a public company when one has a product of value and one doesn't want to spend the time or the money to do an IPO. You find some company that is limping along, but has done the IPO work, and they are a good target. I think this is a waste of both of your times, this question, and what does "etc" mean?Did they have a difficult period? Every company has a difficult period and not just one of them. Perhaps the more interesting part of that question is what difficulties did they encounter as a start-up digital studio and what have they learned in order not to make the same mistakes again. But again, sounds more like a psychology session than useful DD, to me.Why their stock cannot hold up over $1.50 - feelings/concerns about their stock price It is obvious why the stock price cannot hold: daytraders dump if there is not news every day. GNNX cannot control that. It takes time to build stock support, news building upon news, base building upon base - look at how much higher the base is now than it was a month ago. And who cares about their "feelings" about the stock price. Its a heck of a lot worse than we would all like and a heck of a lot better than it was. Concerns - OK, valid. I know the answer already, but ask away.
