To: Boolish who wrote (302 ) 4/4/1999 11:23:00 PM From: GERBER Read Replies (1) | Respond to of 572
From WallStreet West Newsletter GCST CORPORATION: THE STOCK OF THE WEEK -- THE NEXT EBAY? GCST Corporation, dba R-Way.net (OTC-BB-GCCT-$6). Rway.net has captured the attention of investors even quicker than we thought it would. This week, Bloomsberg news caught up on it as one of the biggest movers. We first profiled it last Sunday at $1.85. On Friday, it hit a high of $8.50. We don't know how high it will go. Here is the story: We think this high-powered company can compete with EBAY or UBID. Virtually no one has heard of this stock yet, as trading has been thin. The company only has 2.4 million shares in the public float. It moved up substantially from the $1.85 area this past week on minimal volume. We think it is poised for a continued run-up. R-Way corporation is launching an auction site similar to EBAY and UBID. We feel this is an undiscovered Internet auction stock with potential equal to that of such high flyers as EBAY, UBID and Onsale. Our short term target is $8 to $10 and longer term $25. Here is the story: RWay.net is an established high technology Internet Service Provider and marketing organization that operates in the United States and Canada. The Company owns and operates e-commerce websites such as R-Mall and R-Bid. R-Mall is an Internet shopping mall with 16 floors of wall-to-wall products offered to consumers at discounted prices. R-Bid is an on-line auction system designed to be similar in application to eBay and is slated to be launched in April. In addition, its Yankee-style auction format allows the user the ability to list product(s) or service(s) for free. They also plan on a promotional roll-out to help create awareness of both these sites.Rway.net Exchange: OTC-BBTicker Symbol: GCCT 52 week high/low: 1 1/8 - $8 1/2Public Float: 2.4 million shares Website: rbidnbuy.com and rway.net Investors Information: rway.net Jim Ferras, CEO 1-949-470-4550 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 ateurotelecom.co.uk . Read the profile atwallstreetwest.com .