GT Bicycles (GTBX) Message Board

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Non-Tech : GT Bicycles (GTBX)

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To: Kenneth Kirk who wrote (64)	1/30/1998 11:32:00 PM
From: Greed Is Good	Read Replies (1) of 99

Ken, that announcement was after the close, lets hope Monday shows the effect. I had a conversation with my broker today regarding a variety of issues. His latest GTBX information is, 1. GTBX has only 4% exposure in Asian markets, not the 7% I posted earlier. 2. GTBX is thinking of establishing direct distribution in Germany & Asia, which could lead to a 300% gain in sales in these areas (company estimate). 3. The Board of directors supposedly would not entertain offers for the company until it is trading @ $15/sh or greater. 4. The financing agreement was thought to help the stock in the tune of a $1-$2 pop in the stock price (we'll see on Monday). 5. The analyst who came out with the "attractive" rating last week apparently had a year end estimate of $.75/sh, while most other estimates were $.90-$1.21/sh. His low estimate may have spooked investors thinking he knew something regarding lower earnings. It is my understanding that he is a new analyst and was being conservative. Another week or two and we'll know for sure. My broker is still extremely positive, I sure hope he is right. I have faith and think the down side is minimal.

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