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

To: Ron Harvey who wrote (922)	10/15/1998 4:14:00 PM
From: Jason Riche	Read Replies (1) \| Respond to of 1096

At least GBIT seems to be crawling back up to the $1 range. What do you think it will take for it to get back into the $2 range? And what ever became of the deal with IGHS? Just some general questions. -Jason

To: Ron Harvey who wrote (922)	10/15/1998 9:28:00 PM
From: R. Gates	Read Replies (1) \| Respond to of 1096

<<I have no idea where the $.12 - $.15 estimate came from...>> It came right from Tom Raack at Liberty about 1 month ago directly to me and several other people. Since then the number has be revised down (by them), to the .08 to .12 range. But IMO, all this speculation about earnings serves only to increase speculation, daytrading, and add fuel (or take away fuel) from the shorters. For those in GBIT for a little longer ride, IMO, the quarterly report will be more interesting for cash flow and balance sheet data. I have confidence these numbers will be very positive and the rest of this year GBIT should trade well over $1 and closer to $2 as investors see the the growth potential of this young NASDAQ company. Many folks have been thinking of GBIT as a BB, and while it's price has been pushed down for various reasons, I think that there is no way the company's management want's to loose their listed NASDAQ status, and they WILL take some VERY STRONG AND POSITIVE measures to be sure this stock price go back to the levels that will guarantee it remain listed. R. Gates