Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : European Telecom -- (EUTC) -- Ignore unavailable to you. Want to Upgrade?

To: Beermeister who wrote (60)	4/4/1999 11:20:00 PM
From: GERBER	Read Replies (1) \| Respond to of 76

WallStreet West e-mail.... Can be good EUROTELECOM COMMUNICATIONS: $5 STOCK TRADING FOR $1.68; CANADIANS, BELGIANS, AND GERMANS LOOKING TO BUY IN THIS WEEK EuroTelecom Communications, Inc. (OTC-BB-EUTC-$1.68). We have been telling you about this stock since the $1 area. Since then it has ran higher. All we can say is "good things sometimes take time." We think it is poised for a continued run up all the way to the $5 area. We saw $2.12 briefly early in the week. We think savvy investors are positioning themselves for an inevitable price run. Our contact for this company tells us that the principles of the company think the stock is worth $5 or more. The key to this "thought" must have something to do with the fact that projected earnings for this year are .18 per share. A 25 times earnings calculation puts the stock at $4.50. One of our well-placed sources tells us that two investment clubs, one in Belgium and one in Canada, are buying EUTC this week. Another source, located in Germany, tells us that EUTC has been discovered and will be bought by a German investment club. This could mean an EXPLOSIVE price increase. The bottom line is that good news travels fast. Those who catch the situation and get in early are positioned to PROFIT the most. Those who wait will pay the highest price. For those of you looking for a GCCT type of run-up, GCCT has a float of 2.5 million. EUTC has a float of only 750,000 shares. This means that the same kind of volume that hit GCCT this week could drive EUTC to the $5 area in a hurry. EuroTelecom Communications, Inc. is a fiber optic telecommunication network developer with operations in the United States, United Kingdom, Tokyo and Luxembourg. The Company's mission is to become a premier international supplier of IT systems and Networking infrastructures to Telecommunications Operators, Prime Systems Integrators, large and small corporations, governments, defense and Intelligence customers. EuroTelecom has been publicly traded since the summer of 1997. A cross section of EUTC's customers includes: U.S. Department of Defense, UK Ministry of Defense, House of Commons, Luxembourg Stock Exchange, Phillips Origin and major banks. Over the past few weeks, EUTC has announced two important acquisitions that will significantly add to the bottom line. This week it announced acquisition of the rights to special Y2K software. If EUTC gets discovered as a Y2K stock, the price could go through the roof! As we have predicted over the last few weeks, EUTC volume has increased and the price has climbed higher. For more information about EUTC, visit the website at eurotelecom.co.uk. Read the profile at wallstreetwest.com.