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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX) -- Ignore unavailable to you. Want to Upgrade?

To: TechWiz who wrote (2676)	4/17/1999 4:39:00 PM
From: Ted M	Respond to of 3129

'...all they do is complain' GNNX has never delivered IMO. Last year they announced multimillion dollar contracts that set the BB world on fire. They announced multiple aquisition in very sexy, yet fairly unrelated areas: Telecommunications, (connecting India, Mexico). Internet radio stations, sports supplements (andro), digital music, Frank Sinatra. Do you see a trend here? They also kept talking about the James Dean movie that was to be completed last year. There is a very good reason to be cautious. I personally don't trust the company, even under new management. Play the 'rumor' game if you like, but I'd be very cautious about buying because you believe the rumors, or even the press releases. BB companies can and do lie. I also would be very suspicious of anyone who posts on SI, including this post. But the facts are clear and can be researched. Maybe this time will be different. I'm not counting on it. I am neither short or long. Ted

To: TechWiz who wrote (2676)	4/17/1999 5:00:00 PM
From: Leslie Tack	Read Replies (1) \| Respond to of 3129

The problem in these threads is we don't know who the "pump and dumpers" are. I am guilty of buying on rumor from what I have read here... Money can be made from daytrading at this point which is usually at the expense of those buying in long and those who panic. So, when I hear glorious predictions (from anyone, including moi) I think they should state if they are daytrading or in for the long haul or somewhere in between. I got in recently at .18 and will sell if it breaks out to near a dollar unless indications are strong that it is going higher. Ted M is dead nuts on re.. messages on SI, Raging Bull, etc.....they are loaded with rumor and people hyping penney stocks to bring them 2-5 fold and then dump them. Getting wiser