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

To: David E. Meyer who wrote (244)	1/30/1998 6:52:00 PM
From: Simon	Respond to of 1096

I'm only talking about the continuing operations. It was $.02/sh in 3Q and should be around $.035/sh in 4Q. The Company has solidified its core business and is keeping the model intact. I expect to see revenue grow 5 to 10% per quarter for continuing operations. The costs in exiting the businesses the Company got rid of should be gone in 1998 and leave the Systems Integration and VAR divisions (which are both profitable) as the backbone of the Company. The Company's margins hold at 15%. This puts the break even point slightly below 16m (which is what they did in 3Q). Every dolar earned from this point on puts the Company higher in the black. Once the Company develops some reserves it can start making acquisitions and grow its revenue substantially moving the stock really high in late 1998 or 1999.

To: David E. Meyer who wrote (244)	2/5/1998 5:04:00 PM
From: David E. Meyer	Read Replies (2) \| Respond to of 1096

News...... Lockheed Martin Awards $6.3 MillionContract to Global Intellicom February 5, 1998 02:44 PM NEW YORK--(BUSINESS WIRE)--Feb. 5, 1998--Global Intellicom Inc. GBIT announced that it has entered into a contract with Lockheed Martin Federal Systems, Owego, N.Y. to provide Pentium computer systems that will support a new delivery confirmation system being implemented by the U.S Postal Service. As part of a $218 million contract awarded to Lockheed Martin LMT , the new system will be deployed in over 38,000 postal facilities nationwide by year end. It provides for 300,000 hand held scanners (called Mobile Data Collection Devices), communication cradles, and office computer systems. This program is a major initiative by the USPS to improve package delivery capability and enhance customer service. GBIT is pleased to have been chosen by Lockheed Martin to provide, through its subsidiary Global InSync Inc., the computers that will support this state of the art system. Under terms of the one year contract, GBIT has initial orders for 5,600 systems which will generate anticipated revenues of approximately $6.3 million. This contract represents new business given to Global Intellicom by Lockheed Martin. "We are proud of this contract with Lockheed Martin and we look forward to a long lasting and fruitful relationship in the years to come," commented Norman Muller, CEO of Global Intellicom Inc. Background on Global Intellicom Inc. The company is total business solutions provider of complete solutions to a broad range of complex systems and product needs of all branches of government as well as commercial customers. The company clients include: Lockheed Martin, Westinghouse, Shared Medical Systems, Litton PRC, PNC Bancorp, the FAA, and other Fortune 500/1000 companies. The company is comprised of two subsidiaries: Systems Integration: Vircom TG Inc., provides system development, integration, engineering and network design, along with on-site installation, cabling and full LAN and WAN implementations. Manufacturing is performed by Global InSync Inc. which produces high quality PC workstations and client servers from its 52,000 sq. ft. production facility. It focuses on the fast growing build to order system market. It also resells computer hardware, software, and integrated systems. Through strategic acquisitions, internal growth, and the aggressive pursuit of contract awards, the company continues to increase its participation as a significant provider of information technology solutions to its customers.