GST Telecom (GSTX) 4th quarter earning Message Board

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Technology Stocks : GST Telecom (GSTX) 4th quarter earning

GSTX 0.0200

+36.1%

12:59 PM EST

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To: Rob Preuss who wrote (221)	10/28/1999 7:11:00 PM
From: Rob Preuss	Read Replies (1) of 369

I haven't heard the conference call, but I picked up these comments off the yahoo thread... ++++++++++++++++++++++++++++++++++++++++++++++++++++++++ > I just got done listening to the GSTX conference call. > > I thought it would be more exciting but I'm afraid that is > not the case. > > Basically, GSTX is in transistion mode. That is most of > their focus. They are hiring more sales people, trying to > divest Hawaii (they said three entities are interested). > But from what I heard, it doesn't look like anything > significant might start taking place until first quarter > next year. > > CFO said Hawaii ops, if sold, would probably be sold off at > the end of 4th quarter. It sounds like they aren't getting > the price they want for it and are holding out for a better > offer. > > Fiber and Capacity sales also seemed to be pushed into next > year. > > It looks to be flat (according to them) this quarter > > The good news is that they have about $175 mil in cash > after WMB's $45 mil influx. > > They also said the lawsuit had no basis and will file for > dismissal. Nothing more than a nuisance suit. > > It definitely wasn't a negative call, but it didn't strike > me as high growth in the near term. > > I will sell tomorrow (hopefully it will pop because the > cash sounds good and they downplayed their lawsuit) and buy > back next year when things start to happen. > > A great company..but a bit too early to be long. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++ > You folks are missing a few key points. First, Joe made > reference to a possible equity partner and also made > reference to a release of some key information next week. > Also remember that these stocks dont grow revenues like we > have come to expect from other companies. There is > substantial promise short. There are too many variables > that support a long position at this level. The major > concern needs to be: Can managment maintain an attractive > rate of growth in the midst of their divestures? There was > also mention of eastward expansion to help reduce cost > structure and increase margins. I was pleased with the > call and feel that managment has shown progress in > progressing the company. Of course the afterhours show > us trading at 8.oo. I would not exit based on todays news. > As a matter of fact I plan to add to an already substantial > position. Good Luck with whatever you decide and I hope > this helps. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++ > I didn't here anything to excite me,but it did not sound > bad.I felt the conf. call skated around and accomplished > nothing.I think we are stuck in this trading range for > awhile.It will be interesting to see if any analysts change > ratings.I still think new buyers are going to take a wait > and see attitude.

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