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Technology Stocks : GTIS: Is there a better bet for Christmas sales?
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To: William de Alva who wrote (157)12/5/1996 5:15:00 PM
From: Robert Skinner   of 432
 
I'm new to this thread,
I spent today buying gtis after looking at all the facts. I paid from 7 5/8 could only get 300 shares at that price at the time the asking price was 7 1/2.
bought the other 2,700 shares today at the sking price at the time from 7 3/4 to 7 7/8. I had tried several times to buy below the asking but had no luck. For me this is strong evidence this stock will go up from here.

A few of the reasons I bought this stock, insiders own %84.89. The float is only 10mm vrs outstanding 66.18 mm. Most of the float has allready traded at these lower prices. This tells me the stock is at a strong base.
three year chart the stock is at low for this time period. Net revenues are expected to be 115- 125 mm. this is an increase of %10-%20 from Q4 95. Ok Q4 95 stock price was around $15.
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