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Re: william2112 post# 2192

Wednesday, 05/18/2005 4:44:51 PM

Wednesday, May 18, 2005 4:44:51 PM

Post# of 44374
When I posted My opinion on RS at my web site, back early April; Gtels PPs was 36, the market cap $360 million and last assets reported Sept 2004 Q of $7 mill. Showing a 51 times premium to own a share. Remember these are close figures, not to the penny.

Now after Q1 2005 the PPs is 24, the market cap $240 million and the assets at $15 mill. Showing a premimum to own a share of 16 times.

Once again these are ball park figures and not using EPS like calculating the premimum on large exchanges; but using market cap vs assets. But you can plainly see, the financials are allready becoming in line with a large exchange company. Because of Gtel company execution to date!

Why wouldn't institutionall investors, which are way smarter then me, see the same thing? IMO yes, Gtel will see institutions investing in GTE when it is on the American exchange at $3 to $5 PPs.

Next big mouth opinion;

3days,
Had some exchange stocks close for me on DOW 3 days up run. Now I have some cash and want to buy Gtel, but the TA is not being fullfilled. Plain and simple, I feel I'm in the same position as many Gtel shareholder. Want to buy, but nothing is happening the past 3 days, to confirm a buy point. If my TA up move indicators are wrong, I could loose big by buying, so I hold.

IMO MMs control winning, not a run down, they tried that 4 times to .22 the last 3 months, couldn't break support, no reason for them too try that again.

Their money maker (Gtel)will be gone in a few days, can't play it. But they don't want it to run up on them and have to settle higher than their inventory point, at the exchange move.

IMO this is what we're seeing. A hold, sell the big blocks as often as possible here, to unload at inventory PPs level and hope for the best. Trying to put myself in the MMs shoes.

So that's my GUESS on the last 3 days. Why do I feel MMs inventory level is here? Because of the PPs the last 17-18 days and the huge 500k block trades. IMO these trades are MMs dumping befor Gtel goes away, not shareholders. Kind of a safe do it now cover, just in case the run comes. That's what I'd do. They may not be covering shorts, but IMO are covering from becoming short.



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