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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: SellShort who wrote (2878)5/17/1998 3:06:00 PM
From: Dave Gore  Read Replies (1) | Respond to of 25711
 
GNII should be interesting as the BIG news is not out yet....soon?

I found the press release on earnings very forthright and gained some respect for the company, as there was no hype attached to it.

The main positive was the excellent increase in revenues. A company who has revenue increases is much more positive, than another company who has increases in earnings on falling revenue.

Great revenue growth will now allow for streamlining of costs. Certainly the ammount spent on marketing will go down in the future as "Word of mouth" is the big free advertising of MLM companies.

Looking good... and now awaiting the BIG NEWS that a major shareholder (who I trust) is humblely suggesting is just hours or days away...decribed as a "gift to shareholders". The fact that this stock was recently above $4.50 means that it could back to that level in a heartbeat.

No promises, but I like the Company long term anyway, like Joe C.