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Non-Tech : Total Entertainment Inc.(TTLN) TheOnlineCasino Opens. -- Ignore unavailable to you. Want to Upgrade?


To: kbert who wrote (363)12/2/1998 2:30:00 PM
From: Jetta  Read Replies (2) | Respond to of 817
 
My thoughts on current price.....
I must say after following TTLN for a few months now I am very pleased with the current price of our stock.
I am sure there are those that jumped in yesterday over 1.00 hoping to run hard after watching GGNC and are now down. All I can see is I would never buy at open like that and certainly not a market order if that's what folks did. I think as with most wild runs in sectors like this that scenario is quite common. Look at all the online book and music stocks in the last few weeks, huge runs and hard falls. So much of this comes as a result of huge or "Hype" like PR's.

Not to bash GGNC, I don't know enough about them but in reading their recent (last weeks worth) PR's I find their statements to be very "pie in the sky" and "hype" like comments. I have never seen a company put in a PR the fact that they were on hot topics list of SI. They state some huge revenue figure projections which are based on extremely limited history, then come out and adjust (raise) that figure based on two days of activity of sportsbook. They quote comments from this research group which has a website which also posts "pie in the sky" projections and compare other stocks that have run up recently. That's like saying "come buy our stock because this one ran out of control also". If you check Yahoo news there news stories have been posted 27 times this month alone 9 some are repeated for the effect).
Of course the best is the ending statement on some of them
Actual results may differ materially from GIC's expectations.

I do not put this out to bash GGNC, only using for comparison.

Then you look at TTLN and they have released 2 news stories short and to the point in the last 2 months. while some of you may be disappointed with that (because you want the fast run) the conservative approach is much better for any stock in the long run.

With that you look at the current .81X.87 price and have to say it is sitting pretty stable right now.

Just my thoughts and opinions...

Jetta