GTCI UPDATE Date: Wed, 7 Apr 1999 00:04:55 -0700 From: "Wall Street Research Group" <info@wallstreetresearch.net> To: StockAlertSubscribers@wallstreetresearch.net
Attention: Stock Alert Subscribers
Today, GTCI closed at $3 3/4 (more than doubling last week's price) on heavy volume of 1,376,900. All of the major principals are in Manila this week for the big Asian Banking Conference. Today GTCI announced that a prominent and influential man, Mr. Charles Shiu, currently Vice-Chairman of Power Pacific Corporation, Ltd, has been retained as a special advisor to ensure that the performance of GTCI's GPS technology in China will be of the highest caliber. Please read about him in today's news release at: biz.yahoo.com
We continue to be impressed with the inroads this Company is making in Asia and we feel that this stock will be selling considerably higher in the next 3 to 5 years. The management team is focused, dedicated and well connected! We first recommended the stock about three months ago at the 50 cent area and the shares are now trading around $4.00 (or eight times higher). This Company, in our opinion, has a real solid and very profitable long-term future! We can well envision these shares trading at $40 or $50 (OR HIGHER) some three or four years out, based on reasonable growth expectations.
Please see our research report at: wallstreetresearch.net
Or visit our home page at: wallstreetresearch.net and follow the links to GTCI.
We wish you the best with all of your investments.
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