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

To: DavidCG who wrote (878)	5/11/1998 6:42:00 PM
From: Douglas V. Fant	Respond to of 3129

DavidCG, I "peaked" on the downside buy price mid week last week picking up 2,000 shares @ $1.45/share when the price dipped really quickly down to $1.30/share. Since then any selling pressure in this stock has died off- I have had buy orders ranging from $1.37 - $1.53/share just following the bid price for large periods of time on thursday, friday, of last week ,and also today. Well I have not picked up a single share at the Bid price in that time. Just one piece of anecdotal evidence that confirms that there is not a lot of selling pressure on this stock..... Sincerely, Doug F.

To: DavidCG who wrote (878)	5/11/1998 6:45:00 PM
From: Mark[ox5]	Read Replies (2) \| Respond to of 3129

<<<I'm suprised there is no comment on pretty good buying today and a 1.53 X 1.56 close.>> Well there was no comment, because I am not here during the day! You know me...always have to comment. Nothing to raise a bunch of hype about, but basically what I saw, was MMs realizing no one was willing to sell at $1.50 level or below and all the short termers are finally out of the stock. At that point some buying came in, and the MM's finally relented and let the price rise a bit. Now we must wait for the next news to get NEW people to take a look at the stock, and see what a gem is waiting for them. (hopefully!) <<< Are people buying on anticipation of Daniel's report? Sometimes even better than a news release. >>> Dave, I dont know if you were on DGIV thread at the time, but one of the HUGE momentum changers on THAT thread was when 2 people went to visit the CEO personally ..within 1-2 days of each other, and reported back in detail to the thread. Remember the saying "April is the month!" Well it sure was. They were also VERy impressed with Chin. Now we have to keep it in perspective... DGIV already had a much huger following than GNNX does and it deals with telephony while GNNX doesn't, but a personal visit is a great help IMHO. Also--I believe I read somewhere last week on the thread, someone else was going to be in L.A. on business in 2 weeks and they would visit GNNX too. And another person said they were in the movie industry and was going to go visit the new studio to look it over. Hope they both keep planning to do it. <<< Question: When does Daniel return from his trip to sunny, CA? Surely it isn't just a one day trip, is it?>>> I dont know when, but I dont think it is a long trip. Sounded more like he was just planning to visit the offices and get back home. I, along with others hopefully, want to say thanks to him for flying out there out of his own pocket to help us all make a better informed decision. (and all opinions of his are welcome, good bad or indifferent... ) Last, I am stopping the share count tonight. We have over 13%! And that does not include the one SI investor (who along with NON SI investors assosciated with him have been accumulating this stock for months) who did not report their share count to me. So I am guessing all together it could be close to 20% with some tie to the web. As a group---we control 13%+ and nearly 600,000 shares. Not too shabby. At todays ugly value of $1.50 that is $900,000 worth of stock. When it gets back to $3.00 that is $1.8 Million worth of stock. That amazes me. P.S. Nice FAX Bill!! Lets them know "we are watching" =) I wish I could add more.. this $1.50 price is so cheap compared to what it could possibly be in even 3-5 months. Mark