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I have recently started to follow this company and and it seems to be a leader in its field in Latin America i just came across this report on the web and besides their regular business it seems that they have started to operate an internet subsidiary called Latin America Online if this is really there this could be the a big winner. imcadvisors.com the analyst Stuart Bockler seems to have a respectful name on the street he often appears on CNBC, CNNFN, and others please read and if anyone has any input let me know Global DataTel, The Latin American Connection! For Investors who want to profit on sales by IBM, Microsoft, Compaq, HP, and Cisco to latin America and their local service partners we introduce Global DataTel (GDIS). Global DataTel begins trading on the US NASDAQ Bulletin Board $7.00-$12.50 as company completes first year operations with revenues in excess of $25 million. 1999 revenues are expected to exceed $40 million without acquisitions. Aggressive acquisition strategy could more than double revenues. Buy Range $7.00 - $9.00 Global DataTel is an IBM Business partner whose has acquired companies that have between 6 to 16 years experience engaging in medium to large system integration projects throughout Latin America. Current operations include seven offices and 240 employees. Global DataTel is strategically placed in Florida, USA; Managua, Nicaragua; San Jose, Costa Rica, and Bogota, Cali, Medillen and Barronquilla in Columbia. The company's main focus has been in the resale of new IBM ES/9000, AS/400, RS/6000 and Netfinity server products and services to multinationals and large national entities throughout Latin America. Average sales are approximately $250,000.00 to $500,000.00 per installation. Current client list includes Abbott Laboratories, Federal Express, American Airlines, Siemens, Firestone, Occidental Petroleum, Mobile Oil, Price Waterhouse Coopers, Colgate- Palmolive and Panaco (Coca-Cola) as well as Avianca Airlines, National Police-Colombia, Banco de Columbia, University of Costa Rica, ConConcreto S.A. and Taca Airline Group. The MCSP designation elevates Global DataTel into a very special group of companies worldwide. The relationship with Microsoft enables Global to work on some of the largest server and Wide Area Network integration projects in Latin America. Global has been certified in Microsoft's NT server suite, as well as SQL Database application program. Global is well positioned with trained professionals throughout Latin America to capitalize on this ever expanding marketplace. Global expects to see a significant revenue growth curve, based upon our Microsoft alliance in Latin America. Global DataTel has identified many IBM Partners strategically located to facilitate multiple country installations. Many of these partners have expressed interest in being acquired by Global DataTel and participate in these contracts. Capitalizing on IBM's explosive growth, Global DataTel provides comprehensive system services and is an authorized reseller for IBM, Compaq, HP, and Cisco, as well as being a Microsoft Certified Solution Provider, Lotus Premier Team Provider, and an exclusive distributor of JBA Intl., an E. R. P. solution company. Global provides a level of system expertise for such diverse services as system consulting, maintenance support, both hardware and software as well as Y2K testing and compliance testing throughout Latin America. Global has developed a sterling reputation for providing the system solution professionals that are required for today's leading corporations doing business throughout the Americas'.GDIS Latin American Online: The company's internet subsidiary LAOL now in operation in Colombia . They presently provide web design , IBM E-Commerce solutions, internet access, and high speed data communication services throughout Colombia. Coverage has begun by International Market Advisors, Inc. and we have issued a current Buy recommendation of $7.00 - $9.00 with a six month target $12.00 - $16.00. We will keep you informed of future developments. | ||||||||||||
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