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Microcap & Penny Stocks : Global Intellicom--Symbol GBIT

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To: David E. Meyer who wrote (544)6/23/1998 3:55:00 PM
From: PaulB   of 1096
 
The company is not in danger people are just not supporting the
price of the stock. I am very surprised at this point that people
are not purchasing shares. When it hits bottom and I get a buy signal
I will be purchasing. There is no chance of the company
going bankrupt but at these levels I would bet there are a few
companies thinking about a takeover ( hostile or otherwise ).
Might be a good investment. For all the longs the value
will come back it may take a couple of quarters of earnings
but that should be enough to make it head in the other direction.
The investors got very Pi$$ed off when the company put more shares
in the market and that is why no one is willing to invest.
The company needs to make a statement to the investment
community that they will attempt to grow the value of the
stock and not devalue it anymore.

Paul
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