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To: MeDroogies who wrote (12211)4/29/1998 4:05:00 PM
From: RCJIII  Read Replies (2) | Respond to of 34592
 
GLCP closed strong, .17 x .18, close .17 on over 17 million shares.

I look for gap up at the open!

RCJIII



To: MeDroogies who wrote (12211)4/29/1998 4:12:00 PM
From: hoffy  Read Replies (1) | Respond to of 34592
 
>>>GLCP WILL gap. I'm wondering which way...
Didn't have a real solid finish there.... <<<

I thought it was a very strong finish. It traded almost 4 million shares in the last half hour and went from .15 to .18 on the ask. I think the market makers were holding it down a little so they could buy back some more shares at this lower price before it gaps up tomorrow and moves upward from there.
I happen to be very high on this company because I know what they do and I work in the electric utility field were meter reading is a big pain in the neck and no one wants to do it. Plus with deregulation there is a lot of discussion and arguments over who will do the meter reading and how much they will get paid to do it. I can see this being a huge advantage for a company to be able to this without having to go up to every house to read the meter. Also in bad neighborhoods this product will be considered a must from a safety point of view. I am in this for the long haul.