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

To: Jason Riche who wrote (521)	6/17/1998 11:46:00 PM
From: PaulB	Read Replies (1) \| Respond to of 1096

Not sure I would think it will trade 1 ¬ to 1 « for awhile, as we get near the next quarter earnings I think we will see more money move into the stock with expectation that the reports will be good. Just my opinion. If you know anything about TA I am just learning take a look at the following chart and this thing is way over sold. It still has not given a buy signal yet. Would be nice to see it acumulate here which it may, it appears to have support from back in March, April at these prices. If your buying now you may be buying write at the bottom. If it goes lower it may keep going for a ways. Notice the two green bands in the upper chart these are Bolinger bands from what I know we will have a higher move up if those come together before it goes. Anyway I am not an expert at TA so take it for what it is.... Paul iqc.com