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.

Microcap & Penny Stocks : Global Intellicom--Symbol GBIT -- Ignore unavailable to you. Want to Upgrade?

To: jacob deutschmann who wrote (203)	11/13/1997 11:53:00 AM
From: Jamessmith	Respond to of 1096

Agree, I have unloaded all my position. Looking for next year. I still believe that GBIT is absolutely undervalued. But the company did not give any damn good news. So who will notice GBIT? James

To: jacob deutschmann who wrote (203)	11/13/1997 10:20:00 PM
From: Simon	Respond to of 1096

I am going to talk with the Company tomorrow morning along with a group of people heavily invested. We will discuss, among other things, investment banking deals and realistic earnings projections. Two notes about the bear market. First, I am betting the basics on this one. 40 cents a share even in a bear market will generate a decent per share price. Second, with regard to the collapse of the Asian markets. GBIT sells mainly to the government, schools and defense contractors. These are the entities least likely to crumble due to (or at least should be the last to feel the effects of) the Asian crash and its rippling effect. Eventually, GBIT must sign an investment banking deal. A subject for tomorrow's conference call. As for the market today, I suspect someone drilled the market with shorts amidst the panic.