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

To: myelin2 who wrote (2173)	8/25/1998 1:38:00 PM
From: Chris O'Keefe	Respond to of 3129

Sorry to bother you all with a basic question, but I haven't followed this company closely in a long time. I used to own some GNNX when it was enjoying its rocket-ride to the over $3/share range. Back then the fuel for the ride was the announcement of two telecom contracts, one for $60 million and another for $120 million. My question is: Did these contracts turn out to be scams or what? I've read a few recent posts here on the thread, but they seem to be about the company not being forthcoming. As long as the two contracts I mentioned above are for real, this stock shouldn't be at .56/share. Just curious (and I'm wondering if this is a buy opportunity)... Thanks, Chris