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

To: Techplayer who wrote (231)	11/1/1999 9:00:00 PM
From: advinfo	Read Replies (1) \| Respond to of 369

High volume still coming out of the woodwork with the close only a couple ticks off of the low. Geez, the shorts aren't even covering yet, what could be so bad????????????? The stock is oversold but the indicators have slid further in the recent past. I may trade long if/when things show reversal, but there's still some downside to come IMO, BWDIK.

To: Techplayer who wrote (231)	11/1/1999 11:47:00 PM
From: MangoBoy	Read Replies (3) \| Respond to of 369

I don't know. This lawsuit thing looks like a red herring to me. The CC was dull as dishwater.. reminded me of those awful Westell and Ariel calls I used to sit through. You find yourself yelling at the speakerphone: "Get to the &^#$*^-ing point! AGGGGHHH!!!" at which point cats run away and spouse look at you funny. The 52-week low set back in January is 5.125. Hard to believe it could retest that since in the intervening they've put together consecutive EBITDA-positive quarters and are shedding underperforming and non-strategic assets. The trick now is growing the sales force fast enough to capture the opportunities afforded by their network. I'm not a chart technician but http://~wsapi/investor/chart?s=gstx&pts=100&span=Weeks suggests good support at 5+. GSTX's takeover value has gone up quite a bit in my eyes as the RBOCs (except BLS <-> USW/QWST) are looking to push into one another's territories. In fact one of the preconditions of the SBC/AIT merger is that they enter local markets outside their combined footprint. Fiber giants are also looking to buy customers and local fiber loops. Anyway, GSTX grazed 18 this summer. I think with a little luck and a little more charisma from management it can regain the low teens pretty easily.