Global Intellicom--Symbol GBIT Message Board

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Microcap & Penny Stocks : Global Intellicom--Symbol GBIT

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To: Logistics who wrote (474)	5/12/1998 12:07:00 PM
From: bullmarket	Read Replies (1) of 1096

Hi, It is interesting you brought this buyout subject up. About 3 weeks ago, when talking to someone connected with GBIT peripherally (works with one of GBIT clients), I was told there was a buyout rumor. Not knowing how true it is, I tried to do some DD on that rumor but was not able to get anywhere, so I did not post this rumor on the thread. I do not want to post unsubstantiated rumor without at least some "meat"behind it. My advice re buyout rumors in general:if it happens, great; however, one should hold a stock because of its fundamentals/potential, not because of buyout rumors (if the buyout does not happen, disappointed investors will flee the stock, damaging its price, IMO)

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