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Technology Stocks : GALTECH SEMICONDUCTOR MATERIALS CORP. (GTSM) -- Ignore unavailable to you. Want to Upgrade?


To: John Volke who wrote (170)3/26/1998 12:17:00 PM
From: bgarhof  Respond to of 394
 
There are few more in this stock.

I myself have been in for about a year and a half. There are also a few associates of mine who have been buying in. We are not large holders on a share basis but are somewhat large on a dollar basis. We got in initially at a higher price but have been averaging down since. Wasn't lucky enough to get in at .30 though (no cash)

I believe in this company based on the long term potential. The thing that got me excited was the motor/generator project. I've also talked with other companies about getting involved with Galtechs aflatoxin piece.

I have no other information other than what you can get through Bill Tunnel. I would not consider selling at this time or any time soon unless a major catastrophe befalls the company.

These are just my opinions.

Brian



To: John Volke who wrote (170)3/27/1998 2:44:00 PM
From: gammaray  Read Replies (3) | Respond to of 394
 
hey John, here's something to think about.

At 12:55 today, somebody sold 100 shares of gtsm stock. I understand that people buy 100 shares at a time but I don't believe that anybody would sell 100 at a time in this circumstance. The whole trade is only worth $53 before commission. After commissions you're left with a few dollars.

So why would anybody bother? I can only tell you that the last time such an event happened mid day was right before the stock trippled in value. Your event may be closer than you think.

Neil