Dear SOTM member, SOTM Research Team proudly announces Global Intellicom,
Inc. (NASDAQ: GBIT) as its August profile. Global Intellicom
has recently shown tremendous promise. We believe that during
the market's recent instability, the price of Global
Intellicom has failed to reflect an appropriate valuation. We
anticipate GBIT's price to dramatically increase as investors
discover the value and growth potential of this amazing company.
Global Intellicom provides system integration, information
technology services and assembles and supplies computer
equipment for a broad base of customers. Global Intellicom
resells products from Microsoft, Sun Microsystems, IBM and
many other companies with superior products. Global
Intellicom's goal is to become a complete information
technology resource for its customers, offering a total
system solution at competitive rates. Management is dedicated
to this goal and has established the framework to achieve
their success. The company's efforts have strategically been
split into two groups:
The systems integration division which provides a range of
information technology consulting services such as internal
and external linking of networks, installation of new
applications, assistance with non-compatible operating
systems and design and support services for enterprise-wide
client server computer systems.
The production division assembles, supplies and supports
state-of-the-art, custom-built network products, including
servers, workstations and personal computers and markets them
primarily to the U.S. government, state educational and
school systems and to value-added resellers.
Global Intellicom is anticipating over a 30% growth rate
and is playing in a huge, $1.1 trillion market. Demand for a
total product solution is at all time highs. With GBIT's
proprietary software and strategic reseller relationships
they are positioned to seriously capitalize on this market.
We have already seen the beginning fruits of GBIT's labor.
The first quarter of this year we saw $.06 earnings followed
by $.09 for the second quarter. Historically revenue for the
second half of the year has been significantly stronger than
the first, by more than 75%. Conservatively we estimate
another $.24 earning for the remainder of the year. With
earnings of $.39 and a very conservative PE of 15, we can
easily establish valuation of $6.00 per share. The industry's
standard PE is in the low 30's. The growing market will help
provide increased sales, which, coupled with GBIT's
decreasing expenses, provides the foundation for substantial
and sustained growth. Within the last few weeks several large contracts have
been publicly released and we anticipate positive news to
continue to be released in the near future. GBIT is in the
process of abruptly turning around from two years of negative
earnings. Last year GBIT lost $.34 and already this year they
have earned $.15! GBIT currently has a PE of 4. We cannot
justify such a low valuation for this company based on sales
and product market conditions. We feel that as the broad
market stabilizes GBIT will drastically out-perform other equity investments.
Symbol: GBITPrice: 1.0625Market Cap: 8.7MFloat: 5.6MFor more information:
Global Intellicom, Inc.747 Third AvenueNew York, NY 10017212-750-3772 |
