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Microcap & Penny Stocks : TNRG Tianrong Building Materials -- Ignore unavailable to you. Want to Upgrade?


To: KZAP who wrote (7093)4/12/1999 6:18:00 PM
From: G.P.  Read Replies (1) | Respond to of 9824
 
KZAP-----two words-------> Chinese Internet

How much are those two words worth?

Plus all the other irons in the fire...

BTW TAP, where's the PR about the USBL team

Season starts next month

GP



To: KZAP who wrote (7093)4/12/1999 6:55:00 PM
From: saltbox  Read Replies (2) | Respond to of 9824
 
KZAP, I understand your concern, but I'm not sure seeing numbers would make any difference. Most of the valuation of this stock (right now) is because of that magic word "internet" where the only important numbers are the number of hits the web-site will get. The perception is "get in now; they'll make money.....someday".
Actually, now that I think about it, TNRG, with the mall, may be able to generate MORE profits than most internet-based companies: TNRG/TIPS charges the store a fee for each "net" transaction, much like VISA or MC.
How much business would a store generate without accepting credit cards? Is the fee worth it? You betcha!
Now, the store will have a world-wide "walk-in" clientele. Is it worth a fee if a sale is made? Absolutely!!
So, unlike most Internet-based stocks where no one can figure out where the revenues will come from (let alone profits), I think what we have here is an internet company collecting revenues like a credit-card company, and generating profits just like they do.

If anyone cares to torpedo this theory, feel free: I've got a thick skin.



To: KZAP who wrote (7093)4/13/1999 4:15:00 AM
From: Investor Clouseau  Read Replies (1) | Respond to of 9824
 
KZAP, if TNRG was priced at just the current revenues of just the physical mall it would be a $2.00 stock. Add in the basketball team and other hefty assets and it's a no brainer IMHO. This does not even include the free TIPS shares, regardless of their current price.

Also I regularly order products from Europe and I have never had a problem. Just call them up or hit their web site and the stuff comes right to my door or post office.

Piece of cake!

IC