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Microcap & Penny Stocks : Global Intellicom--Symbol GBIT

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To: Gary Jacob who wrote (250)2/6/1998 9:57:00 PM
From: David E. Meyer   of 1096
 
Yes, the contract is a very positive move. However, a financial deal is what GBIT needs. Once a financial deal is signed, sealed and delivered, GBIT IMO will take off. I was expecting news on a finance deal just as must as the contract. Maybe this is cause of the weakness in price.

As for 4th quarter earnings don't expect them until the end of March. This is when the 10k is require to be filed. GBIT usually release 4th quarter result, year end result and the 10k at the same time. Look at the SEC filing dates.

David Meyer
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