Mr. Pink's Picks: selected event-driven value investments Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tom Murphy who wrote (2644)	9/7/1998 11:27:00 AM
From: Tokyo VD	Read Replies (1) of 18998

Tom, Why don't you tell us who these 8 major carriers are and why you think 3 of them will partner with GMGC because the rumors of major carriers in tests has long purported and never materialized (according to GMGC bulls, GTE Wireless and Sprint PCS were supposed to make announcements back at the end of July). In an earlier post in the GMGC thread, you wrote: <<With the stock trading over $11 with only $91,000 in quarterly revenues, 100,000 subscribers will double this stock again. I would not be surprised to see GMGC eventually trade as high as $40 before they ever turn a profit. Take a look at the telecom/cellular companies, half of them are losing money hand over fist and trading between $25 and $60/share>> Telecom/cellular companies are valued on either EBITDA or discounted cash flow. GMGC has neither (but it has sold enough private stock to dilute shares outstanding to over 45 million). By the way, the research coverage you cited from AIBC Investment is suspect at best. Didn't you read the Business Week story about the Russian mafia and money laundering? Where do you think the bad guys were domiciled? (hint: AIBC is in NYC and has ties to the principals at Global Equities Group) Tokyo

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next