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Technology Stocks : DDEV - DISTINCTIVE DEVICES, INC.

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To: RikRichter who wrote (26)2/8/2001 6:25:58 AM
From: Mahatmabenfoo  Read Replies (1) of 36
 
Elliot

Lotso noise about DDEV on Raging Bull. It seems to mean:

- Paolini the founder and tech guy behind DDEV appears to have backed off his recent threat to demand a shareholder meeting and maybe is starting a new company

- Other shareholders appear to be trying to organize a shareholder meeting. The goal would be to kick out current management, which has not used DDEV's tech, and to start the business DDEV was supposed to start a year ago

In other words, chaos (bad) and more chaos (good if it leads to the company actually starting its business, and to new investment to help make that possible). It might mean this is a good time to invest in DDEV tho' it's always made a mockery of my optimism.

As to PFNT (now PNLG, I think) the news seems less good. It has only a few weeks before some loans become due, and
sales of its networking products have been nil -- instead of taking off in time to make up for crashing revenues from its one-way pager biz. Supposedly it's made loads of sales that haven't been reported yet.... but my guess is too little too late.

All in all, a good time to invest in a cup-cake company. Nice low tech. No radio frequency donuts.

- Charles
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