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Microcap & Penny Stocks : HGRM--Any Followers? -- Ignore unavailable to you. Want to Upgrade?

To: Ted M who wrote (2047)	3/16/1999 7:01:00 PM
From: Ted M	Respond to of 3576

I should clarify. I actually don't know how many employees are in Miami, although I believe it is a small number. I have heard that they are a very loyal group. I too got in after the Russian news, so I too have suffered losses. I got in because I reasoned that if the news is accurate, the price will move way beyond $8. I also assumed they would clarify the issues we all questioned. However, I had been hesitant to buy in even a few months prior at near 2$ simply because the numbers hadn't been released in a while and those that had been were really quite small, although growing impressively. Given my conservative nature and my belief that one must always be cautious with every non-reporting company, until the issues are clarified I will remain fairly nervous. This should be a time of excitement for us shareholders because with American Banknote's recent problems HGRM actually may be on the threshold of becoming the world leader in what is currently a fairly patchy industry having significant growth potential in the billions of dollars. Unfortunately I remain more nervous than excited because key issues are still pending resolution. Credibility is a key issue and has been in the past in the industry. A lot of companies have made a lot of fantastic claims with regard to their technology. I have even heard of some controversies and incredibly bizarre rumors regarding HGRM, but will not discuss them here as I regard them as heresay. What matters is results. Mr. Brown has produced some amazing results. Some say his talents are near magical. Apparantly a very colorful and persuasive man, he went out on his own and produced a smash hit with the Bubble gum holos in South America, and has branched out into several other countries with other apparant successes. The Russian deal is a major coup, which is again consistent but on a significantly larger scale than what Kevin has accomplished before. The patent is certainly intriguing, but again seems to create more questions than answers as some of the information seems to be vague at best according to industry experts. So, as I see it there is reason to be optimistic, and reason to be very cautious. Take your pick. I pick both. Ted