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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Cactus Jack who wrote (26164)12/19/2000 11:42:32 PM
From: Percival 917  Read Replies (1) of 65232
 
Evening jpgill,

Re: GMST

Have followed them for over a year back from my G&K days. Their story has been a good one for awhile but has developed a bit slower than expected. Their e-books purchase also hasn't been digested well yet. Down the road at some point it may well be a good play.....

BUT, you may want to check out their PE. Talk about astronomical, this one's almost in the next galaxy. Try a PE of 2,298. To say the least, it is suicide to invest in a company in THIS market, with that number. (It is suicide to invest in just about any stocks right now, but that is another matter) Be careful, if GMST ever disappoints you will see a whole new meaning to crash and burn.

Later,
ED
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