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Microcap & Penny Stocks : Global Intellicom--Symbol GBIT

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To: jacob deutschmann who wrote ()4/8/1998 12:24:00 AM
From: S. Edry  Read Replies (2) of 1096
 
NOTE: For all those who saw a version of this post on the DGIV forgive me for repeating it, but I had meant to put it here in the first place.... you are all excused from reading it and can move on... :-)

For those who haven't read it..

If Liberty is telling people to expect earnings of .32-.35, the numbers which were posted earlier by Mr. Gore are they crossing any legal boundaries?

Put another way, if they are legally liable for the veracity of those statements, which even Jo said they were, then they are considered insiders, right? If they are insiders, can they be releasing info to a select group of people (i.e., members of the SI community and.or individual investors like Mr. Gore)?

I am definately not accusing anyone of doing anything wrong. And I am very appreciative of the service provided by Jo and her colleagues. The seem to be real pros. I am just curious about this issue...

That's why I tried to reach them earlier today and will try again tomorrow. But if Jo is reading this tonight, or anyone else can educate me on this subject, I'd be in their debt. Thanks.

Sandy

P.S. I really hope no one misunderstands and thinks I am bashing GBIT or taking a swipe at Liberty. I am still learning the BBOTC ropes and I am trying to understand its opportunites and limitations.
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