SI
SI
discoversearch

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.
Technology Stocks : GTIS - Will it be a Phoenix or not ? -- Ignore unavailable to you. Want to Upgrade?


To: MikeD who wrote (2038)8/28/1998 7:20:00 PM
From: Bill Gizzo  Read Replies (1) | Respond to of 2319
 
The dead cat bounced back off 4 13/16. I'd wager its attributable to longs doubling down or the more likely reason, insiders attempting to stave off a sub 5 close. I'd expect more downward movement than up in the near future as there is no tolerance for inept management in a tight market. This ones worth 50% less now than it was at this time last year. This fact can't be much of an incentive to buyers. I'd put fair value on this one around $3.00 - $3.50. IMHO Reverse split time just around the corner.
Cheers
Bill