Sinclare (SNCG) / cyberlinx Message Board

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Microcap & Penny Stocks : Sinclare (SNCG) / cyberlinx

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To: Willsgarden who wrote (1770)	2/21/1997 3:00:00 PM
From: Dee Jay	of 2696

IMO you'll never see a free quote service supported by advertisers - the economics simply don't work. The exchange fees per individual user (keep in mind how many exchanges there are w/ a cost per subscriber/user per month for each exchange) plus the per-inquiry charges make that an absolutely certainty. You know as well as I that thousands upon thousands will flock to that site and make unlimited inquiries day after day after day inorder to avail themselves of that free service. I certainly would! Thus the cost to provide it will never be offsettable by web advertsing becaus ethey can't command enough $$ from advertisers to cover the exchanges' fees much less their own overhead, infrastructure investment, etc. That's why SNCG got my attention and that of others, more interested parties than I. I will not reveal the source but I have direct evidence that at least one exchange has repeatedly tried to get responses from SNCG re fees that are owing from day #1 for the use of that exchange's data, and they have not responded. Don't ask me to provide that evidence because I won't for confidentiality reasons; if you want to doubt me I don't really care, even if someone starts with the flamethrowers. SNCG knows that it's true and even Larry Stockett by now, if he did a thorough due diligence. But as a stockholder you have a right to ask the company if in fact exchanges have asked them a number of questions regarding their source of the data they're supplying and the age of that data and perhaps even whether or not requests for payment have been received. Ask also if they have responded to any such inquiries. As a stockholder you have a right to know if SNCG has set up any contingent liabilities in its books for possible payments to exchanges covering past data acqusition and transmission. And the SEC will also be interested to know if there have been any material misstatements which haven't been corrected. I would guess that f/y 1995 would fall into that category since quotations began before the end of that fiscal year, I believe. If you get an answer perhaps you will post it here for all to see, the all including those with a vested interest in that same information. Maybe it's not a technical problem that the FQ system is or is now almost equal to a 15 minute delay. Do the volume numbers match other delayed services? This is pure speculation but maybe they're trying to comply with exchange rules re delayed services; if so you may have trouble getting your subscription fees rescinded because according to SNCG's Dion Loy they never claimed to provide anything other than a delayed service, although as prior posts from me and others indicated they sure did indicate an immediacy to the data being supplied. Of course if it is now truly delayed to meet exchange' standards you're supposed to be switched over to the new, enhanced service that is $10 PLUS the exchange fees as they announced several weeks ago. You'll then see a whole different set of economics for subscribers. Dee Jay

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