Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : GPW Group West Systems Ltd. (Year 2000 Software Company) -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Forthright who wrote (1373)	6/10/1999 8:21:00 PM
From: Groundhog	Read Replies (1) \| Respond to of 1443

Yeah.. They are a useless company that has run out of hype to progress it any further. 1 pissed off shareholder. GH

To: Mr. Forthright who wrote (1373)	6/11/1999 2:15:00 PM
From: AuldDruid	Respond to of 1443

MForthright, They produced a dismal negative quarter with no warning to the analysts who were recommending them. It's been my experience that analysts with egg on their face are twice as nasty as the other sex when scorned. If, IMO, GPW can produce a positive quarter, investors and the market will forgive, but the analysts may take a bit longer than one quarter. The fundamentals are as good as ever, the money was used to pay for consolidation of their many acquisitions (so it seems), which is a good thing, and also partially resulted from less than expected Y2K revenue, but I don't think the market will recognize this until it sees new positive results. It could go even lower if their next quarter report is delayed to 7 weeks(as usual). If, by some internal adjustment, they report a second negative quarter, I'll look at the long position I still hold for recovery in the next millenium, but not this year! (Mr. Kaiser should look at this one, it's right up his alley for bottom fishing). Murray