GBT - Global Light Message Board

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Technology Stocks : GBT - Global Light

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To: donjuan_demarco who wrote (182)	9/27/2000 1:00:23 PM
From: Sir Francis Drake	of 223

Market cap below $120 mln. The price is hovering at about $4.5. Volume 724K - the biggest since the first week of April. Anyone remember when GBT had a private placement of the stock at $19 or so? I believe it was 1 million shares - anyone remember the details? There was a press release about it, I think it happened sometime in March - but I can't dig it up at the moment. I wonder how those "private holders" who bought a million shares at $19 feel today. Clearly it was not a great investment, at least in this time frame. The way this stock has been trading, it looks like they could have easily bought a million shares at an average price of $7 or less. Overpaid by almost 200%. Who says "big money" is always "smart money". But what do I know - I've tried picking a bottom on this doggie twice already, and failed both times, LOL! Yes, the joys of trying to figure out small/micro cap stocks - buyer beware, LOL! Morgan

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