To: Breeze1 who wrote (2854 ) 6/26/1998 9:21:00 PM From: BarbaraT Read Replies (1) | Respond to of 6931
I sure feel out of things without constant access to a computer. But I am back for the moment. Breeze, I am sorry you feel we are all hyping the stock that we got so cheap. As I have said before, I have been in this stock for more than 3 years and started at the extremely high price of almost $7 on a split adjusted basis (there was a reverse split at the end of 1996). My average price is now around $.52 after lots of averaging down. And, yes, I do keep buying more when I get some extra cash. I have a very significant position and am not selling any until I see at least a quadruple (which I anticipate sometime within the year). I have no idea what it will take to move this stock since good news does not seem to do it. I cannot help but believe it is market makers and/or shorters since the list of clients is unbelievable, they are finally in a profitable position and growing stronger with each successive quarter, and they have many deals in the pipeline. I have no idea what the p/e should be on a company like this ... all I know is that I believe it is undervalued, not necessarily on current earnings, but on future potential earnings. If GTE alone can double the revenues, thing what can happen with more companies coming on line. And most important, GTE is not yet incorporated into the earnings. Breeze, I agree with you that it is frustrating to watch other stocks go and this one seemingly do nothing, but this one will eventually move. No one can answer "when" ... not even with my crystal ball. All I can do is tell you what I believe. I believe, very strongly, that this company is going places and that once it starts to move, it will continue to do so. If you haven't the patience, you should sell ... or at least, sell most. I am sorry that you feel we are all hyping. There is nothing here to hype. The company speaks for itself. However, I feel you areonly spiting yourself by not calling the company and getting information direct ... like Skip, Fran, R. Gates, John Baker, Gavlick, etc. do. Whatever you do, I wish you the best of luck. Hope you are along for the ride when we finally take off!