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To: bundashus who wrote (1336)	3/31/1998 2:34:00 PM
From: Marc Newman	Respond to of 1648

After thinking about it a while, I got out. So far, it has been the right move. I agree that something could still be up, I agree that the company isn't in a bad position if the debts are eliminated and they have $.60 a share in cash and a very streamlined operation, plus a bunch of new offerings already R&D'd. But I haven't heard that yet and realized that the view on the street is going to be that GVIL has no products left to sell now. (That's what my girlfriend's broker said to her this afternoon and believe me, he's the average broker.) So I think it is very possible that unless we hear good news soon that we revisit a buck a share. Without all the known good news in the future that we'd been banking on--v.90, Wall St., etc. I don't know what will keep the price up. For $10 million the company has given up $80 million a year in sales. I might've hung on with some shares but I had a tiny investment in Seventh Level and the same thing has happened--they rose on merger talk, and then merged with a company no one had heard of, got completely out of their original business (designing and publishing computer games) and went into the game developer tool business. Haven't really been heard from since and the stock has drifted down more than 50%. Good luck everyone. I'll be in touch. Marc

To: bundashus who wrote (1336)	3/31/1998 2:34:00 PM
From: Richard Rose	Read Replies (1) \| Respond to of 1648

Read the release carefully - between the lines. Global did all it could to cut it's costs in modem business. Made progress but still could not make money and realized they never would. Working on new business, but not enough cash to actualize. Buyers??? nNo buyers for GVIL - THIS INCLUDES APPLE. Solution - grab whatever cash available and attempt to create a new startup (new symbol) with 50 employees. S/T - Look out below!!!!!

To: bundashus who wrote (1336)	3/31/1998 2:35:00 PM
From: Richard Jurek	Read Replies (1) \| Respond to of 1648

Bundhaus -- for once, we agree. I am now completely out of GVIL. DId you hear that conference call? Listen to the replay if you have the stomach. I have never in my life felt so betrayed by a company, and I have traded a ton of em. First: why did they do this NOW and not after the market closes? Second: GVIL is a shell and they have sold $68 mil in revenue for a tiny $10 mil; BOCI shareholders should be dancing in the isles. The worst part is that it sounded like they haven't even thought out the details yet. They couldn't talk about anything, and the analysts were very frustrated, almost laughing at the lack of information. I have been burt on this in a big way but am out. R/