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GEERLINGS & WADE Message Board

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  • CR8ZYTR8DR CR8ZYTR8DR Jan 2, 1999 6:20 PM Flag

    Let me first say that I hold a short pos

    Will not do anything to price on
    MON.

    "Spreading some cheer through the giddy Internet-stock
    sector, this direct marketer of wine announced that it
    hired a firm to fortify its electronic-retailing Web
    site."

    Followed by a yearly graph and price change for the week.
    An excessive run.All this in a sea of other graphs
    just like it!

    GOOD LUCK!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • GEER is one of twelve graphs. A very positive one
      I might add for the week. GEER is grouped with the
      likes of get these:

      AT&T
      AOL
      Barnes and
      Noble
      Johnson & Johnson
      Brtish Petroleum
      Advanced Micro
      Devices

      There were lots of other companies that went up 50%
      last week, Barron's took GEER seriously enough to put
      them in with very prestigious
      companies!

      Barron's has a 100,000's of readers with an average
      portfolio of over $100,000. If only a 200 of them call
      their broker and buy 1000 shares. You figure out the
      rest.

    • It is important to note that this management team
      and the company's Board of Directors are incredibly
      conservative. In the days that every co. associated with the
      internet was going up 10+ points by making meaningless
      press releases or appearing on CNBC GEER remained quiet
      and while a lot of folks would have welcomed some
      bullish release it was obviously not their style. Only
      after the holidays when they saw the strong results did
      they feel comfortable making a release in response to
      what must have been numerous inquiries. The brief
      mention of strong fourth quarter sales and internet
      results is remarkable for this company. Old estimates of
      earnings can go out the window now. Unfortunately, there
      are no good research analysts following this company
      but my guess is there will be after a strong fourth
      quarter release given the specialty retail/internet
      nature of GEER. Those looking for a short or a one day
      20+ point runup followed by a 20 point drop may be
      disappointed because this is a real company that will steadily
      appreciate, perform and draw attention.

 
GEER
0.000010.0000(-100.00%)Dec 3 1:28 PMEST

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