Low Float Longs Message Board

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Microcap & Penny Stocks : Low Float Longs

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To: bookvalweb who wrote (469)	7/31/1998 12:32:00 PM
From: Dave Gore	Read Replies (1) of 711

GBIT....FULL NASDAQ...great news...2QTR earning = 9 cents per share, a 50% increase form the 6 cents earned in the fist quarter. CEO says second half of year is usually stronger. PE is very low, turnaround situation, just a matter of time, imo. Reminds me of TGSK when it was at a $1.20, but GBIT is fully NASDAQ....best long term play I've seen in months. Contracts with major Fortune 500 companies and a mature company who already made their mistakes and refocused. I love this long term....some shorts in it. Stock needs to be held long term to realize full value....not a mo mo. Check out somene's commments from Yahoo "As I am one of those who bought at 7/8. However, in seeing this coming, I also bought at 1, 1.125 and 1.25. This stock is the most undervalued I know of. Mnay people bought in near $3 before the shorters killed it and GBIT and Lib. Cap are well aware of this. They will definitely act with shareholder interest in mind for the future....

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