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Microcap & Penny Stocks : GLBM expected to earn $.25 next year - A buy at $1.25
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To: Jonathan M. Traxler who wrote (735)10/9/1998 1:27:00 AM
From: Neurogenesis  Read Replies (1) of 938
 
"Several large potential customers have been awaiting the availability of this product." (from the press release)

This seems to indicate that they have "several substantial sales" that have been on hold for the release of this device? Given the conservative nature of the press releases to date, should we view this as a 'certainty' (substantial sales) more than just a possibility?

It seems that the Company is becoming a bit more communicative, and a little more aggressive to boot. Let's hope it's real, and sustained.

Of course it's too bad all of this is happening against the backdrop of an overall market that is shaky to say the least. The news is encouraging, and had we seen developments like this just two months ago, I would guess that we would have seen the stock move up smartly, and stay up.

One of the problems, as evidenced by the fact that almost no one posts here or reads these posts, is the fact that the company now suffers from extreme investor 'neglect'. In my opinion, there is now an extreme disconnect between what is happening with the company and what is happening with the stock. GLBM is a much better company today than they were one year ago, with a stock price that has been cut in half.

Clearly, GLBM needs sustained positive developments if the stock is going to pull out of these doldrums anytime soon. Also, we need to hear some announcements on sales. Hopefully the DEC conference will produce a flurry of activity.
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