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Technology Stocks : GST Telecom (GSTX) 4th quarter earning -- Ignore unavailable to you. Want to Upgrade?


To: RR Harris who wrote (179)6/11/1999 12:56:00 AM
From: Bleeker  Read Replies (1) | Respond to of 369
 
GST gave a very poorly attended investors presentation in NY
today. I've been following telecom companies at the Paine
Webber conference (AT&T, QWST) at the Grand Hyatt and GST was
the only one that failed to attract one investor during a private
meeting called 'a break out session' after its less-than-stellar
presentation.

One of the concerns among investors I think may be a counter-
suit filed by another telecom company (not sure which) against
GST. I didn't get all the issues but other investors brought
this up and said that GST recently lost a jurisdictional battle.
Management didn't address this during the presentation. 2) Also,
earnings losses are likely to remain significant even next year,
quite possibly getting bigger. be careful with this dog.