Global Intellicom--Symbol GBIT Message Board

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Microcap & Penny Stocks : Global Intellicom--Symbol GBIT

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To: David E. Meyer who wrote (837)	9/24/1998 5:37:00 PM
From: R. Gates	Read Replies (3) of 1096

Here's some interesting info on GBIT: Page 172, 173 of October 1998 Robb Report RISKY BUSINESS? The turnaround stock may be considered a gamble by some, but for others it's a calculated, conservative investment. by Tony Velocci "Some market pros look at Nasdaq listed Global Intellicom Inc., a build-to-order computer company that also may be poised to reap the rewards of a turn-around in progress. In a major restructuring that began in 1997, the New York City based company installed new management; divested noncore, money losing operations; and committed to at focus on the fastest growing segment of the computer industry, namely value-added integration services. The formula is expected to pay big dividends toward the end of 1998, when revenue and earnings growth are projected to rise sharply." This is exactly why I have a large position in GBIT and why I am excited about this investment. The respected Robb Report, in an article focusing on turnaround companies mentions GBIT as a company which is "expected to pay big dividends toward late 1998". Good luck to all. Something may be brewin' in GBIT land. R. Gates

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