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


To: LT who wrote (2188)9/2/1998 5:24:00 PM
From: LT  Respond to of 3129
 
In regards to when earnings are to be announced, he told me (Conte from GNNX) he was waiting for some contract to come in, which was to be in last week.

Yes My guess is that the earnings are not that much to look at and they want to release something positive at the same time. Such as a new signed contract etc. I think that contract not being firmed up perhaps is the reason for the delay in the earnings. JMHO, however :))

LT



To: LT who wrote (2188)9/2/1998 7:41:00 PM
From: Ted M  Read Replies (1) | Respond to of 3129
 
LT, yeah that was me. I know it's a lousy relative price, but I weighed my dislike of what I'm seeing with management credibility verses my desire to buy in to something else and decided the loss was worth the trade in stocks. I kept half in just in case I'm wrong -- if I'm right I can live with losing the half that is still in it more comfortably than if I didn't sell half.

I wish you well. Hopefully some good news is around the corner and it will be shown that lack of patience was the biggest problem for me on this one:) Ted