To: CaraMia who wrote (1795 ) 4/30/1999 4:51:00 PM From: T A P Read Replies (3) | Respond to of 2161
Thanks CaraMia for your support...T A P has come across an article which I would like to expose for what its worth. Notice how this article omits major developments that have happened within the companies. The amount of research this Mike Ogburn did preparing this article is about as much some of the posters here do, who ask questions that have been covered over and over again or could easily be answered by reviewing PR's and company web-sites. This armchair journalism is far from credible and if TNRG & GMCH do not get an apology voluntarily for this supermarket tabloid type of garbage, then Mr Ogburn and Internet Stock News will be hearing about it in more ways than they care to know about. Take GMCH for instance....no mention of the E-commerce Coffee I-mall site or Water Bottling Plant that have come to be and are currently producing revenues.The statement about it cooling down to current .30 level even faster is completely false. TNRG statements are just as shallow and make no mention of AWEB acquisition and TIPS spin-off which are the real reasons the stock hit $1.05 and then the extension of DOR news which set it back to current level. Below are excerpts from article and the whole article following which unfairly puts GMCH & TNRG in a pump & dump category.  Gourmet Choice (GMCH), a coffee company that announced it would sell its product over the web, watched its stock percolate from $.07 to $.80 in less than a week but cool down to its current level ($.30) even faster.  Tianrong Building Materials (TNRG) jumped from $.12 to $1.05 on news that it would create an e-tailing site to sell products from a Chinese shopping mall that it owns. The stock came back 50% in a Beijing minute and now trades around $.54. """3. PENNIES FROM HEAVEN OR "CENTS-LESS" INVESTING? by Mike Ogburn The Internet offers the world many wonders β with a few exceptions, such as "message board stocks." These are the momentum plays β usually penny stocks (priced under $5 and traded over the counter) β touted all over popular message boards at various Internet financial sites. The "touters," already invested, promote the company, usually armed with news of a new web site or alliance with a major company. Buyers take a chance, volume picks up and the stock price rises. As the word spreads, the touters sell to the "greater fools" who usually are just in time to buy at the peak. The cycle normally runs its two- to three-day course, with a few getting rich and the majority getting burned. While message board comments generally can't influence a "big board," high-volume stock, they can impact a bulletin board issue. And the scenario is fed by a number of Internet stock-picking services that e-mail the latest "pump and dump" to the masses. A few of these investments actually work out, because the company's fundamentals outweigh the hype. Most of the time, however, investors take a flyer on a non-reporting stock and no means of due diligence. Want examples?  Pro Net Link (PNLK), one of the original Internet pump and dumps, soared to $8 last July but crashed below $2 just days later and traded between $1 and $2 for the next 10 months. In April, it spiked back to the $8 range on news of the launch of its international trade portal, but quickly fell to the $3.60 level where it currently trades.  LA Group, Inc. (ONTV) put its "Ronco" and "As seen on TV" products online and moved from under $.50 to over $2, but now trades in the $.60 range.  Wordcruncher Internet Technology (WCTI) rocketed to $36 (from $4) in January on hype about its revolutionary search technology, only to fall back to $20 in two weeks and $10 in two more. Today, WCTI trades at $4.  Avtel Communications (AVCO) made its amazing, 1100% one-day leap to $31 (from under $3) on November 12 based in part from the tout by the infamous message board stock-picker, "Lionmaster88." The stock was halted, everyone bailed, and AVCO now trades around $5.60.  Gourmet Choice (GMCH), a coffee company that announced it would sell its product over the web, watched its stock percolate from $.07 to $.80 in less than a week but cool down to its current level ($.30) even faster.  Madera International (WOOD) ran from $.05 to $.33 on news that it would sell herbs and Indian crafts over the Internet. The three-day run-up is history, as the stock now trades at $.11.  PanAmerican Bancorp (PABN) jumped from less than a penny to $.49 on a quasi-net banking run-up, but has been trimmed back to $.11.  Tianrong Building Materials (TNRG) jumped from $.12 to $1.05 on news that it would create an e-tailing site to sell products from a Chinese shopping mall that it owns. The stock came back 50% in a Beijing minute and now trades around $.54. A few message board movers may turn out to be solid investments. Seventh Level (SEVL), Rare Medium (RRRR), EcomEcom (ECEC) and E Digital Corp (EDIG), among others, seem to be legitimate and not your average pump and dump (even though their stocks have spiked on message board momentum). Trouble is, discerning the real deal from the frauds isn't easy in over-the-counter land. Even more difficult is trying to time a message board momentum play. The investor is either quick or dead. The best advice in dealing with message board "movers" is to move onβ¦ to the next message.""" T A P has received 1.4 mil shares of GMCH from the company for services provided for a period of 1 year. For a complete write-up on GMCH and other Turn Around Picks and to join free, go to T A P profile for url.