Gric Communications, Inc. Message Board

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Technology Stocks : Gric Communications, Inc.

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To: westpacific who wrote ()	3/31/2000 12:14:00 PM
From: Rupert	of 59

GRIC has been in free-fall since mid-Feb, like IBAS and ITXC. Quite a ride on this one. I'm holding: a) this Internet infrastructure company is still pretty much overlooked b) CIBC's recent strong buy re-iteration contains a tip-off about possibly forthcoming AOL and NOK deals: newsalert.com "CIBC World Markets issues investment opinion on GRIC; Reiterates Strong Buy" NEW YORK--(BUSINESS WIRE)--March 29, 2000--CIBC analyst Martin Pyykkonen reiterates Strong Buy rating on GRIC. Company is on track for 1QE $(0.36) vs $(0.55) with revenue of $4.78M. In terms of catalysts, we expect AOL and NOK over the next few months to be discussing services offerings which can positively influence the outlook for GRIC. Each of these involves GRIC's settlement services for Internet roaming services, which have a higher gross margin than VOIP services, and which we feel distinguish GRIC as a key part of our Internet infrastructure theme. Price target $75-$80, 60X '00 revenue E $24.9M. -- Good luck to all.

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