InvestorsHub Logo

followinsnsr

09/20/06 11:09 AM

#42778 RE: Jetmek_03052 #42767

Jermek- Finally someone with a real handle of what is going on.
Great honest post. Like this part , and agree this is what the silent majority believes.
"If a company makes a product......and it costs that company almost as much to produce that product as it does to sell it, then the margin is small and it has trouble making a black bottom line after all the overhead is added in. This is primarily the reason (IMO) that GTE has shown a red bottom line for the last three years. This is not a bashing attempt here...this is fact taken from the last three published 10K's.

If GTE gets the strat off the ground and it eventually shows it's promise, then all this will disappear. Money will come pouring in and the stock price will zoom.

That is why I continue to hang around."