While NETD (Datalink.com) continues to make a nice, steady move upward, there are
a few things people should know about this stock. As a wireless service company, they
have been in business about as long as anyone in this industry, and seem to have a very
good grasp of what it takes to make it. Between 1997 and 1998, a period when things in
the wireless industry were not even fired up yet, they increased revenues by about
110%. Since then, they have signed major distribution and/or deals with Office Depot,
Skytel and BellSouth. They have bought out several new products, have four patents for
wireless service, and three more on the way. This is a hot company, with hot
management, in a hot industry, and their progress is showing this. Think about it.
BellSouth is already pushing their services to all of their wireless customers, and over
600 Office Depot stores will be doing the same this next quarter. If they had 110%
increase without these deals, what are we looking at? 500+ % growth in the coming
quarters. And we all know what that will do to the price of a stock. This is not a day
trade, but rather a sound, reasonable play with a chart showing steady price growth. I
believe it will become explosive in the near future as people become more and more
aware of this small float stock.
Further, while this is currently a SEC reporting OTCBB stock, their current price range is within the range needed to become listed on NASDAQ, and they have made it a primary goal to do so in the near future. I've been in this stock for some time now, and they seem to be doing everything right. There seems to be little or no negitative input on the boards. Do some DD. |
