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Technology Stocks : GBT - Global Light
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To: Sir Francis Drake who wrote (202)12/5/2000 2:09:43 PM
From: Czechsinthemail  Read Replies (1) of 223
 
GBT is again dirt-priced, along with many other telecom companies. But GBT does not have the crushing debt loads and liquidity problems others have, so the survival concerns are less. Since volume has pretty much dried up, there doesn't seem to be much urgency to sell -- less as NASDAQ looks more like it has hit bottom. An improving stock market environment should give the stock some lift.

Bestel is EBITDA positive and continuing to grow ahead of expectations. Since the Mexican market is very hot, the value of the Bestel network will eventually be realized.
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