Global Intellicom--Symbol GBIT Message Board

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Microcap & Penny Stocks : Global Intellicom--Symbol GBIT

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To: GemSeeker who wrote (849)	9/25/1998 3:52:00 PM
From: Michael Graham	of 1096

This is my opinion: Check out the 3 month chart for GBIT: quote.yahoo.com We are currently sitting at the same price we were at 3 months ago. 3 months ago was the end of the 2nd quarter. If you look at the chart, the stock price started going up about 3-4 weeks prior to the 2nd quarter earnings being announced. If the same trend continues this period, then I believe that in the next week or two the price of GBIT should start to move up in expectation of (once again) improved earnings for the 3rd quarter, which should be announced around the end of October. This stock is (so far) fairly cyclical. Unless something puts a damper on the trend, I believe better times are ahead. Mike PS - Ra-Ra

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