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Microcap & Penny Stocks : Integrated Healthcare Systems (IGHS) -- Ignore unavailable to you. Want to Upgrade?


To: Forest Gump who wrote (64)10/6/1998 6:35:00 PM
From: Dave Gore  Read Replies (1) | Respond to of 196
 
Thanks, Street. I just got back from a biz trip. Encouraging report! What most people are missing on IGHS is that the GBIT connection is not "the BIG NEWS". There is apparently much bigger news happening (say the principal shareholders of GBIT and IGHS) "behind the scenes". The goal is a buyout in the $6-8 range. The news would obviously have to be big to command that price. Based on rumored add'l contracts among other state hospitals (Alabama and others?) and with the intelligent people involved, I feel comfortable buying IGHS stock under $2.00.

What I think I like most about these shareholders and principals of the companies is that they work behind the scenes and do not use SI or the Internet to hype. Penn Merchants, a reputable firm, is orchestrating the merger and buyout. That is about all I know.

I believe, but it is only supposition, that perhaps the companies bidding for IGHS also want GBIT....package deal. One trading symbol for both stocks, ending in a "u" for units and forcing shorts to cover.

It all makes sense. It just takes time. I am accumulating IGHS here and GBIT as well. Most will wait until the volume really picks up and the deal is done. That is a good and safer way to play it, too. Depends on your risk tolerance.

I have a good feeling here on both these stocks. Not much else out there in the BB's right now.

WINR AND TSIG are also two stocks I like. I am waiting for new developments there too. We will see if the end of 1998 is a very very happy one for those shareholders.

Happy trading,
Dave