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Microcap & Penny Stocks : GTCI - get in before the news hits -- Ignore unavailable to you. Want to Upgrade?


To: Yongzhi Yang who wrote (312)1/18/1999 2:43:00 AM
From: DARPA  Read Replies (3) | Respond to of 1541
 
fill in the missing parts ...

30 Minute interview with Mike Furr by Tom Charles (recorded Thursday last week.)

10 Minute hilevel overview of what his company is and does see wallstreetresearch.net . He said the 2-4 stocks / month that they select are hi risk, but that they limit the risk because they do the DD (he's been in the investment field for a long time) and with hi risk comes HI REWARD. They select companies in good industries and good sectors that have just begun to show profitability and are turning the corner. Told the audience they could call 1800 943-2298 for a free copy of his monthly report - or if on the internet, they could register and he'd send it to their e-mail addresses.

Next 18 minutes he hilighted 2 companies EINI (first, and an earlier pick of theirs), then GTCI. Equal air time each roughly. Said he liked VXTK still - the Y2K software company in Santa Ana CA that GTCI licensed the software from for sales in ASIA.

Mentioned that GTCI is China's ISP with a HUGE ISP Server and does web hosting as well as e-commerce. Is growing fast. It'll be the main conduit into China and other parts of ASIA for US companies to do business through. (I liked that - hello CISCO et al.) Mentioned that there are over 10Million PCs owned by the Chinese Government and that they would almost all be older and hence non-Y2K compliant - ouch - that's gonna sting. And mentioned that the mainframes were old and definitely not Y2K compliant. (I feel for those pilots now more than ever.)

Figured the gross revenue projections for GTCI would be $20-$35M which would equal $4.5-9M earnings. 12M shares os would give $.45-.80 EPS for the current fiscal. 20x earnings makes it a $16 stock. (20?! how about 30? or more) Figured $15-25/share 1.5-2 years out.

Last 2 minutes, quickly mentioned IMMC, NBET, SNMM, GGNC at the end. Made a quick close on HRCT trading at $.25 but having a 'book value' of $1.47.

More notes, but that was the jist of it. Tuesday should be interesting.

Hope that helps all. Good luck.