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


To: Jamessmith who wrote (671)8/4/1998 10:24:00 PM
From: Dave Gore  Respond to of 1096
 
James, a lesson: EVERYBODY has a motive!

I do, you do, and the shorters in this stock do. Check the yahoo message boards for some of the most inane comments by shorters I have ever seen.

You also should not be naive that PR firms sometimes get pretty aggressive and pay to have companies appear in IBD or periodicals. I ahve no idea if Liberty hasd anything to do with the magazine that recommended them. I kind of doubt it, but really could care less. As long as no lies were told. But the idea that this is a pump and dump is so ludicrous I am not even going to bother.

Paying to appear in periodicals is totally common, and in fact most articles you read about people in investment magazines is paid for by the ones who are the ones being interviewed. That is the way it works. As long as no lies are told, it is perfectly acceptable. I have no idea and I don't care about any of the marketing that Liberty House does, this stock is responsibly and conservatively run, and will do fine now without any marketing at all.

You guys who don't do your own DD, and who ask other peoples advice need to do your own DD before investing. Call Mr. Muller. Answer some of your own questions before you buy. Trust your own "Gut"....don;t trust me or anyone else!!!

My personal opinion is that they are idiots for continuing to short this stock. They had fun when GBIT was at $3.00, but GBIT could absolutely kill them in the next 2-3 months, maybe much sooner.

Look at this: FIRST HALF OF EACH YEAR vs SECOND HALF
1996 Q1+Q2 revenue: 6.0 million
1996 Q3+Q4 revenue = 22.0 million

1997 Q1+Q2 revenue: 18.5. million
1997 Q3+Q4 revenue = 32.7 million

1998 Q1+Q2 revenue: 21.2 million
1996 Q3+Q4 revenue = ????

See a trend here?

Shorters will get absolutely mauled in my opinion, but hey, I could be wrong haha

As always do your own DD.