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

To: LT who wrote (1663)	7/10/1998 1:59:00 PM
From: FARRIS	Read Replies (1) \| Respond to of 3129

Well, I certainly never said anything about it. I, in fact was astounded when I returned from a vacation to find a stock I paid about .40 for was at over $2 in a handful of weeks. It kept going, I read a little and held. I finally sold at a good, solid profit when things started looking bad to me. People hear big figures like $160 million and think that is some great thing. I wish I could share a typical telecom contract with you all. There are a lot of non-performance clauses and what-not to protect the CARRIER. The customer usually takes it in the pants if anything happens with market pricing. I do not KNOW that this will happen to GNNX, all I am saying is they do not own ANY of the means to my knowledge and that is not a good position to be in. The company I represent OWNS a lot of hardware and amazing self-developed software. They are less than 3 years old and still private. They are rolling $100 million in revs and making great margins. GNNX cannot do that unless they invest in the MEANS. If I am talking out of ignorance -- let me know. I stil think .50 is going to happen shortly -- ON THE BID. Eric

To: LT who wrote (1663)	7/10/1998 2:01:00 PM
From: TechWiz	Read Replies (1) \| Respond to of 3129

Just Market Makers trying to gather shares so they can sell them higher in the future. The volume has been low so they needed to drop the price to get some activity and grab all the shares they can at a lower price. I do agree with the person that the window needed to be closed before we can go higher. If we get a close back up to $1.00 today, the stock should move higher next week if you believe all the TA type stuff. Techwiz