Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gary Randolph who wrote (567)	7/8/1998 12:03:00 PM
From: A.J.	Read Replies (1) \| Respond to of 1096

The stock is under some pressure from the conversion of the convertible preferred. Looks like the selling is done. I'm a broker up in Canada with a lot on the books. I've talked to Dave Mortman, he personally has 500,000 shares and together management owns 20% of the float. David is not worried about the stock price, he is commited to turning the company around. He is very confident that the company should be able to do 6 cents a quarter. At ten times earnings that puts the stock at $2.40. I'm buying more. I personaly own the shares at $2.25.