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Microcap & Penny Stocks : Low Float Longs -- Ignore unavailable to you. Want to Upgrade?

To: Gator who wrote (452)	7/29/1998 10:28:00 PM
From: Dave Gore	Read Replies (2) \| Respond to of 711

Other stocks to watch Thurs and Fri are GBIT and QTNT. GBIT earned 6 cents a share last quarter and if they announce something positive again, this $1.15 stock could be a nice buy. The stock was near $3.00 on a bit of a pump a few months ago (and it got ahead of itself). But now it has dramatically turned profitable. They make and install custom computers and networking products for government and Fortune 500 compnaies. You might want to check out their cool contracts with some pretty heavy hitters. They closed down their unprofitable divisions a couple quarter ago, and seem to be running on all cylinders now. GBIT may earn more than 2 bits (i.e 25 cents'per share for the year) which should mean a nice appreciation for this dollar plus stock. Reminds me a little of TGSK back when it was priced here. One difference: GBIT is fully NASDAQ and reporting ********* QTNT is looking for some financing news to keep up with demand. They want to ramp up production and delivery. The company has been working hard to get this deal done. They may be ready to make some announcements soon about it, which should kick-start the stock, which has been overly punished, falling from 3.75 to 80 cents or so over the last few months. They have well over $3 million in orders so far for the year, and the tents have a high profit margin. This is not any tent company, but a tent design with 22 patents, that goes up in 10-40 seconds depending on the size (i.e 2 person to up to 10 person tents). First class 100% ripstop nylon and embedded fiberglass poles make this suitable for the most discriminating of users. They are 3 to 3.5 season tents. The market is not only the billion dollar per year recreational market, but also the temporary or emergency housing market for disaster victims and for city workers as well, for instance. They have pre-purchased over $5,000,000 in TV infomercial advertising spots, so that won;t be a future expense and they have audited financials even in the first partial quarter of production last year. Looks like it could be a long term winner. note: not all models are in production yet (i.e the 6-10 man is not) the webite: quicktent.net Watch the video...kinda fun and shows you the ease of setup, which should not be underestimated for tired hikers or where accident or disaster victims need quick shelter in bad weather. Even Dad wants a quick setup after reaching the campground. Prices are very reasonable and stack up very well to the "competition", who don't have the quick setup. NOTE: there are cheaper quality quick to assemble tents but they do not have the embedded poles and the high quality material or the inclement weather quality. ARE THE MM's seriously short? Some think the MM's are real short the stock, and any news could make it go up closer to $2.00, which is probably FMV (Fiar Market Value), imo. I don't trust short squeeze talk all that much, but the MM's have been playing games. Go back and check times and sales or DTC's for the last week or two and you will clearly see that nearly the entire float has been bought 250K shrs plus out of 375 or so in the float....in just the last 10 days. Anyway you might want to keep an eye out, both stocks seem to have loyal people willing to hold and get maximum value for both these stocks. We think news may come out soon, and the MM's have been trying to shake shares loose for the last 10 days; seems to be loyal shareholders in QTNT now. Could be one to watch. Please do your own DD....this is some good intro info on both threads. HAPPY INVESTING