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Strategies & Market Trends : Action & Options- Taxikid plays

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To: Caroline who wrote (2963)	12/5/1997 11:21:00 PM
From: Druss	of 4339

Caroline--I would berate you unmercifully for being in GDC if it weren't for the hypocrit factor. I took a 'knowledgable' friends reccomendation and lost 40% of a mercifully small position in less than three months. If I had continued to listen to him and held I could have lost 70%. That is all I am confessing, I'll never admit the company. As far as GDC goes it stinks. It needs a major earning surprise to turn things your way and I don't see it coming. There is a feel one gets to some of these struggling companys. I can't say I saw a definate item or move that told me this but the overall feel is the management is bad and maybe really bad. Part of it is the continuing stream of losses. Something needs to be done to improve those largely flat revenues and generate profits. Cost cutting seems very much in order, my jaded eye saw no indication of this. All the best Druss

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