GDIS Message Board - Msg: 8065805

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Technology Stocks : GDIS

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To: Steven Fruman who wrote ()	2/27/1999 9:15:00 AM
From: Mohammed Bhimji	Read Replies (1) of 61

I was sent this information from the Stock Investor Newsletter. Curious to get other peoples opinions about this company. Is it going places? Comments?? Mohammed ************************************************************** Strong Buy Recommendation: Global DataTel Inc. Ticker Symbol: GDIS Current Price: $9.75 Target Price: $35.00 to $45.00 per share Past 10 day High/Low: High: $13.25 Low: $7.68 Shares Outstanding: 7.5 million Recommendation Issued by International Market Advisiors ************************************************************** DELRAY BEACH, Fla.--(BUSINESS WIRE)--Feb. 26, 1999--Global DataTel, Inc. (OTCBB:GDIS - news) announced today that it has signed a letter of intent with Dirks & Co., of New York, a well-known securities firm, to raise $50 million through a convertible bond issue, which conversion price will be at a 25-50 percent premium to the stock price at the time of the offering.

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