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Technology Stocks : GDIS -- Ignore unavailable to you. Want to Upgrade?

To: David Bauerle who wrote (8)	2/17/1999 10:56:00 AM
From: zeldabomb	Respond to of 61

JUST READ THIS IMPORTANT NEWS Global DataTel Receives $5 Million Contract For IBM Point of Sale Hardware, Software and Services DELRAY BEACH, Fla.--(BUSINESS WIRE)--Feb. 17, 1999--Global DataTel, Inc. (OTCBB:GDIS) announced today that the company's subsidiary, Global DataTel de Colombia, was awarded a $5 million contract for IBM Point of Sale hardware, software and services from one of Colombia's largest supermarket chains, Cachareria La Catorce, based in Cali, Colombia. Richard Baker, Chief Executive Officer of Global DataTel, said the contract was one of the largest the company had been awarded in Latin America. The contract calls for Global DataTel to provide IBM cash registers, an inventory control system, and other components of a modern point of sale system. In a recent material development, the company announced that in March 1999, it is expected to launch its e-Latin American On-Line (eLAOL), a wholly owned subsidiary, which will provide Spanish and Portuguese-language content on the World Wide Web at its portal site, www.elaol.com. The company intends to release preliminary subscriber figures in the near future. Global DataTel, a first tier IBM Business Partner, is the Latin American leader in medium to large system integration projects. Global also partners with Compaq, Dell, Hewlett-Packard and Cisco, and is a Microsoft Certified Solution Provider, Lotus Premier Team Provider and is an exclusive distributor of JBA International, an E.R.P. solution company. Global offers continent-wide information system expertise in such diverse areas as inter/intranet implementation, e-commerce, enterprise resources planning and Y2K testing and compliance. The company has offices in Managua, Nicaragua; San Jose, Costa Rica; and Barranquilla, Bogota, Cali and Medellin, Colombia. The company is headquartered in Delray Beach, Florida. For additional information, visit the company's web site at: www.globaldatatel.com. This release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Forward-looking statements involve the known and unknown risks and uncertainties which may cause the company's actual results in future periods to differ materially from what is anticipated. CONTACT: Martin E. Janis & Company, Chicago Hal Schweig, 312-943-1100 KEYWORD: FLORIDA BW1097 FEB 17,1999 5:18 PACIFIC 08:18 EASTERN

To: David Bauerle who wrote (8)	2/25/1999 5:17:00 AM
From: DoctorKnow	Respond to of 61

I bought around 7 1/2 and did not sell when it hit 12, the company seem ok, from what I heard @ MILLIA fair in France, but it's strange that so many shares are offered (by who?) and pressure the price.Volume seems artificially high. If eaol comes off, its certainly a strong argument, and (an if) enough modems are available in Colombia, enough lines are not busy, and the public (40000?)has the buying power to purchase $50-modems at $200 prices locally.