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Microcap & Penny Stocks : GGNC - GIC/Global Intertainment Corporation -- Ignore unavailable to you. Want to Upgrade?


To: TGO who wrote (1667)1/11/1999 5:05:00 PM
From: King David  Read Replies (2) | Respond to of 2585
 
Why is everyone stuck at 10 bucks a share on this stock. IMHO, 10 bucks would be cheap. At 10 per share, with 4.5mm shares, that's a market cap of 45 mm. For a company that is planning on 30mm revenue for the year as a leader in the market, and in a market that is planned to boom on top of that. Just compare that to the absolutely bizarre P/S of AMZN and EBAY, and again IMHO, 10 bucks is cheap. My only concern with this stock is a buyout by a Vegas casino that would end the trail of explosive growth. KD