To: Denison Jr who wrote (263 ) 1/2/1999 5:09:00 PM From: monsoon Read Replies (1) | Respond to of 1431
Dennison Jr. Hey, good to see that you are cautious. Here's my reasoning for getting into GNEN. FORGET ABOUT THE AMAZON THING!!!! The amazon associates are dime a dozen. I could probably sign up as an amazon associate. If this is what's making you think to buy GNEN, you are buying for the wrong reason, IMHO. I invested in GNEN because of their management and the things they are trying to achieve (developing artists within their own record label and realizing the POSSIBILITY of E-commerce and how that will help promote their own artists and labels). I bought in a couple of weeks ago because I thought this company was UNDERVALUED because of its potential and unlike other startup companies, they do not have substantial debt. And I was also excited with the CDMusic purchase and the positive comments in their news release regarding improving the site... Dec. 9, 1998--Generation Entertainment Corp. (OTC BB:GNEN - news), noting projections for huge increases in retail buying on the Internet, has purchased CDmusic.com. The site will be a virtual supermarket for people shopping for music or video. CDmusic.com began in 1995. After acquiring the company, Generation took the store offline for a complete remodeling. New graphics, software and security packages will be installed to take the site into the 21st century. When CDmusic.com goes back on line, it will feature more than 198,000 titles in music and video offerings. The cyber shopper will be able to easily navigate through the various categories of music and videos, including the ability to find titles with key words or artists. Buyers will be able to make direct purchase of their music selections through downloading. Generation, of course, will no doubt give prominent exposure to titles under its own record labels; Harvest and Copper Sun, plus other labels soon to be acquired or with whom Generation has working agreements. Anyways, at the end of the day, just remember it's still a pennystock and the danger associated with investing in them. Don't bet the whole house and good luck!