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Technology Stocks : GBIX: an Internet leader
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To: MrGardener who wrote (62)8/21/1999 8:43:00 PM
From: QuietWon  Read Replies (1) of 144
 
Any stock above $5 or $10 expensive? No. Market cap is the key. GBIX market cap suggested to be in the $1 BILLION range - that would put the price into the $100+ range given present market cap of under $400 million.

With a small float, strong management and institutional ownership, some of that float may effectively not be there.

This stock will rise, imo, as others become aware of what GBIX really is and the market begins to recognize it's underlying value.

I'll say it again, EXDS should buy GBIX while their stock price has such a high market cap to revenue basis ie. GBIX would be accretive from a revenue-market cap ratio basis.

And EXDS better move it, as I heard a rumor than AOL may be interested in GBIX - whether or not the AOL aspect is true, GBIX has underlying better value in revs-mkt cap.
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