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

To: Baz Luhrman who wrote (1832)	1/23/1999 1:33:00 PM
From: Lennart Steiner	Respond to of 2585

Baz, Just after I posted to this board, I read your message which unfortunately supports my concerns. Without knowing James Chu personally and knowing about his character strengths and weaknesses, one of your statements struck my attention: He's already made all that he wanted to make on this company. This is really a major question to the future of GGNC. However, if he'd really made "enough" money in his life, he would be the first person on earth I ever heard about to be in such a position. And (especially) if that was true, he would be even more driven by the concept of success regardless of the financial benefits. Well, I think before we come to an ultimate verdict about James Chu I think we should try to talk to him personally or at least consult someone here on this thread who is in direct contact with him. - Not only rely on very reliable sources in Vancouver as you phrase it. These very reliable sources in Vancouver at least to me are not enough to impact my investment decisions.-However...

To: Baz Luhrman who wrote (1832)	1/23/1999 1:58:00 PM
From: StockRanger	Respond to of 2585

Baz, I'm not accusing you of being a basher and I don't resent your posting if that is your honest convictions. I proudly defend those rights. A few questions. 1) What has changed in the last two days from your earlier posts that indicate that patience is key and you are considering buying more shares. (two days is not patience, one fiscal quarter is not patience) 2) Do you know James Chu personally and the agenda of his Asian visits? 3) You said he got all he wanted out of the company. If James was running a scam then why not let it run to $10+. It doesn't make sense. (see notes below) 4) Who are your reliable sources? (I always chuckle at the infamous reliable source) A few statements. 1) For everybody who says he is running a scam. Look at the product. GGNC has a product that IS WORKING. It receives revenue (I know I have lost on the gambling site) and it has accounts payable (I know because they pay out their winnings). This is not some fly by night organization. Why walk away from a company that has the potential to truly make billions if managed properly and aggressively! 2) If Chu is arrogant - who cares, I kind of like that. As long as they follow the business model of maintaining the #1 company in a exponentially growing industry. #2 Devour competition through acquisitions and a superior product #3 Stay out of debt and keep plenty of cash on hand. 3) Their advertising has to be some of the most aggressive I've seen. You can call it hype but the fact remains that they are flooding the media with their product. Amazon used the model of gaining the customer base first and that is why they are leading in the e-commerce industry. Never underestimate the power of repeat customers. Once someone is a client they will continue to gamble on their site. 4) I really don't like it when people say "I heard from a very reliable source". Who's the judge of reliability. I like Hammer's approach of "I talked to Chris Sargent today and he said....." Remember, when EF Hutton talks you should be snoring. Whenever someone tells me that their reliable source stated "x" and they don't identify them, I disregard the information. 5) Insider sales are a fact of the business world. That's how these entrepenuers purchase large items. As I understand it, insiders hold 60% of this stock. That's an incredibly high percentage. I fully expect them to sell a bunch until it approaches the 15-25% range. That's their right as an insider. If they get rid of all their shares then I would be worried. 6) Everybody has an agenda and to think otherwise is naive. My agenda is to take a "calculated risk" with GGNC with a portion of my portfolio in the hopes of a greater reward later. If in fact I am wrong, I will move on and look for other "calculated risks" as the remainder of my portfolio grows (heavy on tech and blue chips). To invest all your money or money that you absolutely can not lose would be both foolish and an act of stupidity. Just a few thoughts! StockRanger

To: Baz Luhrman who wrote (1832)	1/23/1999 3:56:00 PM
From: Jing Qian	Read Replies (1) \| Respond to of 2585

Baz, What you said is obviously not right. James Chu will not likely give up his company after only 4 months. Only recently did we see a sharp runup in price, at one time to 5 not many days ago. Why would James quit and then fool around in Asian when he saw the best time of his company is yet to come? If a man like James can make such a commitment to buildout his website so well done and then later translate everything to Chinese, I have no reason to doubt his motivation and vision: Simply, to make big money that he can ever dream of, not a small amount now by selling his stocks. Among hundreds of online gambling sites we can visit, James's site is obviously the best. Most attractive, and most easy to use. GGNC is in the leading position of its peers. I feel you didn't get any information as you claimed. Only that you want to express your own doubt about the company. But it is not good to say as if they were fact.

To: Baz Luhrman who wrote (1832)	1/24/1999 9:20:00 PM
From: Orwell	Respond to of 2585

What to do tomorrow. Let's see, perhaps we could do some trading via SI postings. Baz buys GGNC at $1, then makes a series of fantastic postings telling us that GGNC is totally legit, James Chu wants to be a billionaire, the dip to $3.125 is a buying opportunity, etc. Now Baz has sold, so GGNC is not to be believed, James Chu has made as much $ as he wants, $2.875 is a selling opportunity. Perhaps there is going to be so much good news coming out shortly that Baz just wants to buy more at a cheaper price? Nevertheless, Baz, your postings do not affect the stock price one way or another, i.e. you didn't push it up, and you won't push it down. There's just too many other players, factors, and dynamics then just you. Also, not so long ago, you posted easy questions which you should have known given your connections, so presumably you did know any insiders back then. Where, and how did you find them all of a sudden? If you were successful in doing so, I commend you, but we need some concrete facts from you to act upon, names, numbers, etc. To date, they have done what they said they were going to do, give or take a couple of months. Now we have multi-language versions, deals with the daily racing form, infomercials, etc. I do agree that their PRs talk about stocks, prices, and projected revenues too much. This is why GGNC only makes up about 8% of my portfolio. If their PRs were more conservative, I'd probably own twice as much. As you are, I am always skeptical too, but I need more info to act upon one way or another, so I'm willing to wait for more PRs, and real/actual events to decide. O.