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Technology Stocks : GST Telecom. Unfollowed and Unloved?

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To: Dan Foster who wrote (39)8/13/1996 8:17:00 PM
From: Steve Landrum   of 47
 
Dan,

Thanks for the post. It's funny that 5 minutes after I posted
to revive this thread and to complain about there not being any news,
GST releases earnings. After reading the press release, I did
not see any bad news. (I assume losses are still to be expected)
The stock price took a major hit today. Does anyone know what aspect
of the press release could have caused the drop? Are they burning
too much cash? Fear of dilution with future equity offerings?

I don't believe the drop was in sympathy to the tech sector today.
GST's price hasn't been behaving that way.

Steve
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