Glentel Inc GLNIF

RE: Until Goldman stops selling

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As you can see, Glentel has outperformed many other tech companies. Tacking on a stock performance comparison chart for illustration, I continue to believe that their fundamentals - their remarkable people, their clear and focused strategy, their product pipeline, their 240+ retail stores, their $13.5 million of cash in the bank with no debt, etc., will serve them well in the coming months and years. As per David Graham and Jennifer Law, vice-presidents of Canadian equities at CIBC Asset Management, improvements made to its Tbooth stores have paid off and are contributing to the bottom line. Glentel should generate EPS growth of 15% to 20% over the next few years. Glentel's valuation is attractive, trading at 10% EPS estimates for 2008. It declared 33 cents a share dividend that is 10% higher than last year. Glentel is currently way undervalued.