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Strategies & Market Trends : Fatty's Donut Shop -- Ignore unavailable to you. Want to Upgrade?


To: Lynn Goodman who wrote (2706)7/31/1999 3:27:00 PM
From: gladman  Read Replies (1) | Respond to of 5041
 
Fundamentally GNET is strong, cash is king and they have plenty, GNET has been thru this cycle before, they're testing old lows and should bottom out soon if they haven't already... unfortunately the NETS have all soldoff and will probably trade down or sideways - pricing in the rate increase AG will announce Aug 24th.

If you're in tune to the GNET thread then you know that GNET has relatively no INVESTMENT COMMUNITY COVERAGE. IMO this is a short term curse but can also be viewed as a longer term value play if/when they finally receive the attention they deserve. It's a long story why GNET is in this predicament but long term it's in my top 10. Dave