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

To: The Street who wrote (781)	9/14/1998 12:36:00 PM
From: PaulB	Read Replies (1) \| Respond to of 1096

My guess is that the shorts are covering or covered end of last week when we hit the bottom. T/A shows that we tested the bottom and started moving forward thursday. Just recovering what was lost when the market went south. Should see a little resistance here and then forward to ???? pos 1.50 before earnings... paul

To: The Street who wrote (781)	9/15/1998 12:35:00 AM
From: Dave Gore	Read Replies (1) \| Respond to of 1096

Same group that is moving IGHS is moving this. This is not the big move. Be patient on this. The reason GBIT is not over $3.00 is because their earnings are mostly tax credits (so far) but positive even without the credits (a rare sight for a stock this cheap), plus people were overly worried about the convertibles. But this is still potentially a superb turnaround. They are doing a great job of building earnings momentum and locking up the convertibles.. It's like TGSK was, but may not move much more for 10-45 days, then watch out! PS- these same people moved TGSK, now JAWS, from $1.00 to $3.00 with a little help from the rest of us. They were also behind the plan to break the shorts on TGSK. They are people with infinite patience and very good wisdom....not hypesters, just savvy investors, imo. And some of them don't even use computers, a plus in my opinion, so are not influenced by hyper-sensitive SI or Yahoo types, just old fashioned investing techniques and patience. We are such an instant gratification society. Solid DD, faith, and patience are rare virtues these days. I admire them.. Good luck