Howdy Blue, what a great post - thet thar Jed's caa-mon sense'll get him a better deal everytime. But re: GNET, a few items up for bid were left out 1) The GNET Name Corporate Shell's worth $50 Empty, at the cheapest, because of # 909 Combinations 2a) Internetly Speculatories which ups all values a tad IMHO and 2b) Actual Whisper-Beating Earnings From Ever-Increasing Revenues upping the value another tad (let's say 2a and 2b combined are $25 and give Jed his 2-for-1 !) and 3) Still Got Such A Low Float Even After The Second Split, another $25 for Rarity of Series. So there ya got yer $450, so we could get it down to to $300 bucks a share conservative-like because earnings are increasing, acquisitions are still coming, development is continuing, and PAllen's money makes all this possible debt-free! Ask Jed if GNET starts givin' spinoffs at the price he said - how long would any of 'em be cheap like that? (but tell him when the mood is right, Blue, or he mought probly-obly be a-squawkin' "That &%$#@* Yankee Gal" agin too...LOL it's cool). Please Blue, not a Penny Under $300 !!!!
Hope Jed ponders on a Nice Old Fashioned when he does that possum-grease gree-gree....ATT's gone up almost 20% it's on a tear because 1) It Bought Comcast and 2) Because it made a set-top-box WebTV deal with Microsoft and 3) at the same time Microsoft is investing in ATT bigtime, giving it money to grow like PAllen gave GNET....& Hear Tell that Set-Top-Box WebTV gizmo is going to offer Internet Telephony at long last! So we shall see if Armstrong and Gates will be hawking phone calls for a penny a minute over cable internet access together...LOL, NOT. (Lowercase must be in a snit - One Powful Kavorka ya got there kid).
Does Jed tell you the name of the critter makin' those huge bear tracks up the aspen in your inspirationly photograph? What a stockerly Rocky Mountain reminder to look at the trees and not be confused by the forest... just one of your stockmarket talents, pal. Blue, remember long ago and far away, I was so mad when some poster now forgotten squashed my Pet Beauty ATT like it was any ole stale InterSteak called my generous T "a dud stock for widows and orphans" and "The parts are worth more than the sum of the whole" as if that were a bad thing for shareholders even if true, which it wasn't. (Well, he was probably shorting it as we now realize...). Anyway as of now, just in a year, ATT has split 3 for 2, paid some of it's own phone bill with dividends, it's buying Comcast, it's rated the Best ISP by many, has a 99.9% nationwide digital/cellphone coverage which beats any other provider by a mile, and T's heading back to its pre-split price at a breakneck speed in less than a month after the event. Before the breakup and all those spinoffs, ATT Ruled for many years; at its beginning it must have been like an Internet Stock - as I understand it only the Most Modern Investors wanted it. Much like the Best Of The Net Stocks Now, Like Our GNET IS. I've noticed at some point of either share or divisional hugeness, most Companies start spinning off rather than splitting (GE & IBM been exceptions and lately there's been talk around the news and threads that this tradition is about to change too BTW) to simplify accounting, make some extra money for themselves, and move out of the way of being accused of monopolizing their specialty. Watching Our GNET Grow, it's the Most Amazing NewKid Gorilla, don'tcha think? A One Of A Kind, and Leader Of The Pack - Sneaked Up On 'Em From Behind and Still Comin'! Got the right folks in the right place at the right time, from SI On Up. I sure would love to meet the GNET folks sometime; all their communications make me smile. GNET's strength....Just a for instance, after this next Second Split GNET'll still have only 2/3 the shares on the market that Infospace.com has out there after their First Split (their ipo was just last December, so I thought the INSP stock's given a right sprightly performance and deserving of a few now-cheap shares being added to my Techride portfolio)- but looky at GNET's Mightiness and Earnings compared to Infospace, of course! While it pays of course to look at the numbers and momentum, evaluating the innards and next-logical-moves is the real thing with Nets. To all who saw GNET and Nets coming a year ago, and jumped on... Blue,Mooons,Josef....a tip of the hat to you! Just think of what the prices were on These Dotcoms Just Last Spring! And what they were (on the OTC's, most of 'em) the year before that! (If I knew then what I know now, FONELY EYED's fiddle themesong). Well we all know it now, and we still got some plenty time, regardless of all the talk of nets losing value and investors interest (if I'm wrong I'll eat crow For Real LOL yeah and whaddyamean WE Kimosavee?!). Yep, all these Net Splits at one time bringing sector pps down wholesale - but why should they stay that way for long? Internet's not all Air - It's Reality...not to mention a Sea Change for the way business is done, like the industrial revolution was in it's time.
Still wondering when a movie'll be made about This Phenomenon of Our Times? And Gunless, I would hope.
Thank You For The 909s...
More 909s Please,
Joanie |
