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Microcap & Penny Stocks : TEVE - TelVue
TEVE 0.04000.0%Jan 26 4:00 PM EST

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To: Joe Copia who wrote (106)10/20/1998 11:14:00 AM
From: Walter Morton  Read Replies (2) of 195
 
This is the most vague Competition section in a 10K that I have ever seen:

COMPETITION

The Company uses state-of-the-art, feature laden equipment for its automated pay-per-view order processing service. The Company has a strong reputation for offering customer friendly features and excellent customer service. In addition, the Company offers 24 hour customer service and reliability with near zero down time, particularly under heavy load during major special events. Although competition is strong from the Company's major competitors the Company is attracting significant numbers of new customers. The Company's aggressive marketing strategies and reputation allowed it to grow its full-time customer base by 19% to approximately 10.0 million full-time addressable homes and an additional 1.0 million part-time addressable homes in 1997, representing an increase of 2.6 million addressable homes. The Company plans to continue its marketing approach during 1998 and believes that strategy will provide continued growth in
numbers of subscribers.
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