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


To: R. Gates who wrote (993)10/28/1998 8:29:00 AM
From: Rob W  Respond to of 1096
 
I'm here but I can't figure this one out. In the past this company's best quarters are the 3rd and 4th, and year to date 1st and 2nd have not been bad. Will be interesting to see what 3rd quarter numbers bring. If earnings keep going up, I don't care what exchange the stock trades on, although with this latest incident, I don't find re-runs of M.A.S.H. as enjoyable as I once did.



To: R. Gates who wrote (993)10/28/1998 8:30:00 AM
From: Alan Boyd  Respond to of 1096
 
I'm still here, lurking 99 percent of the time. Didn't sell, in fact bought more. To pay .75 for a stock with earnings in the neighborhood of .30 makes the stock way undervalued imo. Right now with the convertibles coming up there is reason the price is where it is now. Where it will go afterwards is anyones guess, especially now being on the BB, but I think it will head back towards $1 before too long. The IGHS buyout offer adds interest to this stock. Just a simple computation, but say they earn .30/share this year, and give them a P/E of 5, it would indicate a $1.50 value of the stock.

GBIT, trading on the BB is a better bet than alot of other BB's if that is your game, we know its a real company, making money, and have financials we can look at. Its a risky one without doubt, as just about any stock, but imo, I see more upside potential than downside, the price is right, and I have the time to wait.

Good luck to all!
alan