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Technology Stocks : GST Telecom (GSTX) 4th quarter earning
GSTX 0.01000-33.3%Dec 3 10:47 AM EST
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To: webpilot who wrote (78)7/31/1997 2:07:00 PM
From: telephonics   of 369
 
I agree completely with your conclusion. This IMHO, company is not a place for investors to expect to take other than a long term position.The cost of getting into the telcom arena is very high and interest payments on large debt will absorb all operating profits for many moons to come. But,as long as the FCC looks favorably upon CLECs they will do well and eventually prosper.
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