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Technology Stocks : GTIS: Is there a better bet for Christmas sales?

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To: Andreas Puppka who wrote (408)2/11/1997 10:54:00 AM
From: Bill Gizzo   of 432
 
AP:
Here's a reprint of my post # 387, perhaps it will provide some insight relative to your queston.
Alias:
In the latter part of my previous post # 384, I cautioned that there could be a dampening effect caused by the recent increase in the float due to the release of shares (S-3's in Dec. & Jan.), to complete previous acquisitions, and for warrant redemptions. IMHO, any definitive upward movement would seem to me to be predicated on market's ability to digest these shares, as the agents used by the "selling shareholders" would probably sell into any price rise. This factor could be a major reason why the stock hasn't seemed to be able to retain any gains in share price recently. Seems to me like today's trading action in GT so far (12:30pm), shows further support to this theory. What's your opinion ?? Anyone else??

Cheers
Bill
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