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Microcap & Penny Stocks : Classic Golf Corporation (CSGC) -- Ignore unavailable to you. Want to Upgrade?


To: David Sirk who wrote (697)8/26/1998 7:59:00 PM
From: Gennaro  Read Replies (2) | Respond to of 904
 
David,

There is no question that Damien has been frustrating at times, however, I don't think he really provides mis-information, but very little information. I have always found him pretty tight lipped about news etc. I think in some ways this is a good thing. Technically speaking its illegal to tell people info that is not public knowledge. In this type of business its very important to have things written in stone. Remember the Crenshaw deal, we don't want that to happen again. Sometimes news does not come as fast as you would like, but I don't think the company is in trouble. Obviously the PR firm believes in them otherwise they would have chosen to represent another company. Remember Mills only takes on around 4 companies a year.

But I must agree, I have spoken to Damien as much as anyone and to get any useful information out of him is difficult at best. I don't think this is a bad thing however. Just think of all the bullshit press releases and comments that other companies and PR firms make just to pump up a stock, and then later to find out its all bogus. A good example is the recent pump of zulu. At first glance the price per shares looked to be valued at 58 cents, however, reading between the lines, it was noticed that in fact, it was only going to yield about 23 cents per share. Not to pick on zulu, but I think you get my drift. Classic golf is a small company which is going through its growing pains. However the potential is great, so if they can get their act together, 20 cents will be long gone. IMO..

Remember nobody want to have the news out more than Damien and Dave. I suspect we will be seeing something very soon which will make all shareholders feels a bit more confident. The main thing is that they have the support of the ESPN, and PGA. Sponsors will follow. Speaking with the organizers of Fred Meyer challenge, I have learned that this is no small accomplishment. Give it time and it will grow.

My money is on csgc..

G