Gemcom Software International (GCM/TSE) Message Board

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Gold/Mining/Energy : Gemcom Software International (GCM/TSE)

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To: Ally who wrote (12)	5/8/1998 2:48:00 PM
From: twentyfirstcenturyfox	of 23

Forgive the silence - the item went into a black hole - I guess. Essentially, I recollect writing that my due diligence work last year showed(a) it is a solidly-managed co., (b)they at are skilled at what they do, (c) management has a big position retained in the company. I did not subscribe at $1 - but bought in recently at 85cents. I was expecting that they would spend a good whack of the financing on soft costs. Which would hit the EPS ( as it did) - and which would present a buying opportunity. I do not think they are into aggressive promotion of their stock - so I regard it as a trading buy anytime at 85cents. It is also a hold for earnings propelled stock gains. Don. 1998net should be way better than 1997. Don.

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