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Microcap & Penny Stocks : GLBM expected to earn $.25 next year - A buy at $1.25
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To: mstrand who wrote (851)6/12/1999 3:38:00 PM
From: Tradrvic   of 938
 
Yes we're still out here. It's just has that nothing worth talking about has happened lately.

Here's my $.02.

I think they must have had some delay in development in the VCC. They have not had any new customer announcements lately. I doubt they are insurmountable problems. If they were it would have been announced as it is certainly a material item and we could all sue the management for not making material items public.

My guess is that they will have to do a reverse split to get the stock up. Normally I would view this as negative and I would bail. I this case I think it is a big positive. If they keep the stock above $3.00 they get NASDAQ listing.

It isn't cool for a firm like H&Q to provide coverage on a company until it is listed. As soon as we get to NASDAQ expect analyst coverage. This should also push the stock up. I think now that H&Q is in (with one of their largest investments in a single company) they have to figure out how to help Mac and the boys make it go.

H&Q have the experience and connections to check the company's technology out. They would not be here if the stuff was crap.

They other thing I have started to hear people talk about allot is the SAN concept. The Storage Area Network is suppose to be the next hot thin in networking. B-Hill must be a player in this market. They could be a gold mine in the end.

I wouldn't be worried about the price, it might even be a buying opportunity. Think of this bump in the road as a time to average down. I might pick up a little more. I expect a jump after the reverse.

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