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Technology Stocks : GTTIF - What's the latest news on Grandetel??
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To: Doug Eichorn who wrote (42)12/18/1997
From: Albert Shilin  Read Replies (1) of 58
 
Doug: This stock is really volatile these days. One day, it was up 20+% and another day it went down 20+%. Some people (including me) are taking advantage of it and quietly accumulating this stock at lower price. I think that the reasons for some other investors who like to sell this stock are as follows:
(1) Asian problems. All stocks associated with Asia go down a lot.
(2) Tax sell. Some people sell their holdings anyway no matter how low this stock is for tax purpose.
(3) Short sell. Someone is trying very hard to push this stock down.
(4) The new NASDAQ rule. Some people don't understand what the new rule is. Just think that GTTIF is going to be delisted.
(5) The company does not do good job to inform shareholders what is going on for the business. Shareholders are playing guessing game.

So enjoy the ride and I think that this stock is going to do very well next year. Happy holiday.

Albert
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