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Re: bambino post# 8279

Tuesday, 11/02/2004 7:56:13 PM

Tuesday, November 02, 2004 7:56:13 PM

Post# of 286607
bambino, you raise some valid points and concerns and if you wade back thru all the posts here many of your concerns will be answered. Is there enough room in this market for gzfx? I say, YOU BET, it's hardly been tapped. nflx has a big sub base but they have high cancellation numbers also. They claim in their adds that 80% of their customers get the videos in one day, well that remaining 20% gives them a good excuse to use when people call up complaining about slow service and there are plenty of disgruntled subs. Just go read the nflx board on RB. For a while many of the people on that board were talking more about gzfx than they were about nflx with concern, concern about what's gonna happen to their service once GnF really gets going. About BB using retail outlets as Dist. centers....doubt that will happen, imagine going in to rent a video and they say sorry one of our on line subs has it. Plus, BBI has a big obstacle to overcome from the get go because many people are so FED UP with their late fees, and the feeling of getting ripped off, the logical consumer wouldn't even give their online service a chance just to spite them. GnF has a lot going for them. Their overhead is extremely low so anything that comes in, means a good chunk goes right to the bottom line.

Granted, their first run of ads wasn't the greatest but they have a limited budget to work within. Getting Gary Hohman on board was a brilliant move IMO because he brings a wealth of knowledge to the table, and becasue of his expertise, any future ads can be done on a much tighter budget, than most companies pay because he'll cut right thru the BS, meaning, he can say I want it done like this, this, and that. I know how long this should take to produce so any over runs is coming out of your end, etc etc. Having an officer who also has a great advertising background is a big plus, they are actually getting someone who is a capable president and an ad man to boot, you can bet he will oversee any future ad's we run. Distribution centers is a problem. We need more and I know it's being worked on from e mails I've gotten from JF. You know the phrase "nothing to lose and everything to gain"? Well, that's where we are. nflx and bbi are trying desperately to salvage a rapidly declining business model. Their recent price reductions reflects this. We, on the other hand, are starting out with nowhere to go but up!!! If you haven't already done so I suggest you drop a note to JF. He's pretty good at responding to shareholders and from my dialogue with him he is a straightshooter. He tells you as much as he can (legally) and gets right to the point. I don't know for a fact but I bet it's pretty hard to get Hasting's ear.

NFLX and BBI are in a position where they have to get MANY things remedied before they start seeing gains in revs and share price. We, on the other hand are right on the cusp of launching in to a fully functional service with a fraction of the cost of doing business that these "big boys" have. While it is reasonably certain that the next few Q's for both nflx and bbi are probably going to show lower numbers our numbers shold be increasingly growing over the next few Q's just because of our lower overhead. So far JF has been very close, if not right on to getting done what he said he would do. I have no reason to doubt him right now. All we can do right now is hurry up and wait, but of the few pennies I've ever invested in I have never felt more comfortable than I do with this one. That means nothing on the sufface, but you've got a heck of a lot of other people that feel the same way. Look at the MM action, they are holding us right here. Why? My feeling is they are getting ready for some big developments and they are loading up with inventory for the inevitable HUGE trading days I think we have in store. The action of market makers can be very telling and they know something is up and want to be ready.

Here is a link to a chat room where a bunch of us get together usually once a day but for sure a couple times a week. It's a great place to have real time discussion with shareholders, you have to register but it's free and we've had some very good discussions.
http://finance.groups.yahoo.com/group/gzfx_investors/

Good luck to you and any response to anything I have said is welcome. I'm no pro, but I have been trading for a while and this one is a keeper. Sure, I trade some shares on spikes, but the next good run up will put me in a position to be working with free shares that's when you can just tuck this baby away and watch the ride.

As always this is purely MY OPINION and should be taken as such. I have no inside knowledge about anything, I just feel that for a start up they are executing pretty darn good and I'm looking forward to the future with this one.
Mike

"Sort of" is such a harmless thing to say. "Sort of". It's just a filler. "Sort of" - It doesn't really mean anything. But after certain things, "sort of" means everything. Like after "I love you" or "You're going to live" or "It's a boy".