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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Jim Spitz who wrote (547)11/12/1998 11:42:00 AM
From: Wayne Rumball  Respond to of 11130
 
No nothing so far. Maybe the guy was just lucky with GLMC, or maybe whoever is pumping it is bleeding GLMC for all it's worth before moving on to GTCI.




To: Jim Spitz who wrote (547)11/12/1998 1:51:00 PM
From: Wayne Rumball  Read Replies (1) | Respond to of 11130
 
ITEX starting to run



To: Jim Spitz who wrote (547)11/13/1998 8:33:00 AM
From: Wayne Rumball  Read Replies (1) | Respond to of 11130
 
GTCI update,

Don't like hype, but that's all I have to offer on this one. A rumour that I have no way of knowing whether or not it has any basis in fact or if there is any possible chance of it happening.

I was told that GTCI will be promoted by a couple of groups, possibly related to the same groups that promoted GLMC, within the next 2 weeks. I was told that I should expect a news release regarding GTCI's progress in China as a major ISP (which they have been working on for a few months now).

The whole thing is probably a scam, I bought 5K on the offchance that there is a remote possibility of this actually happening and internet hysteria spilling over into this stock. I can tell you that if there is the slightest sign of weakness in this stock I will dump everything.

That's it. I wouldn't bet the farm on this one, but may be worth a shot if you have some extra cash lying around that your not sure if you should burn it, flush it down the toilet or bet it on this stock.