GST Telecom. Unfollowed and Unloved? Message Board

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Technology Stocks : GST Telecom. Unfollowed and Unloved?

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To: Steve Landrum who wrote (31)	6/28/1996 10:39:00 PM
From: gordon mac leod	of 47

Steve, I'm sorry that I have not been participating in the thread lately. I have just experienced first hand the dangers that exist within the INTERNET ACCESS PROVIDERS world. My server disappeared one day two weeks ago due to a so called problem with some new equipement that they had installed. After patiently giving the company the benefit of the doubt that they would soon have me back online, I finally was forced to obtain access from a new server. I still do not know where my provider disappeared to, and they don't even answer their phones. Enough said!!! regarding GST: Recently the company picked up coverage from Jefferies Securities with a buy and a target of $23 within 12-18 months. Unfortunately the stock barely reacted at all to the news. I have seen the report and it is outstanding. I can simply say that the stock was due for a correction as it had not done so after a very lengthy runup. Regarding the comments about the stock price from the technical point of view, I would agree that if it did break it's moving average on the down side that it would be very negative, however I do not forsee this happening. The stock is taking a well deserved rest and will consolidate at these prices and then it will break into new highs. This company has alot more to say in the near future. We are just beginning this story. Gord.

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