Diamond Entertainment Corp (Previously DMEC) Message Board

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Microcap & Penny Stocks : Diamond Entertainment Corp (Previously DMEC)

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To: mulla711 who wrote (4446)	6/7/1999 2:25:00 PM
From: mulla711	Read Replies (1) of 6957

ddstocks.com6*DMEC- Continues to hover around $0.17. We understand that DMEC is currently working with consultants, but do not have any further information regarding what exactly they are doing. Several people continue to note the greater buy to sell ratio on DMEC. It is believed that the MM's have a large short position. Gary Swancey confirmed that one of the market makers called him to inquire about DMEC's filing status. Gary said that DMEC should have the papers filed by the deadline. As stated before we do not feel the potential of this stock relies on the possible large short position, but acknowledge if true this could be the rocket fuel to lift DMEC shares much higher. The following are some interesting ideas and only that.* Many people seem to think that DMEC's purpose of having a server is to control their own site. However, we have a feeling that there is more to having a server, because there are simply too many opportunities on the internet when you have a server. These are some of the possibilities: web hosting, website development, and finally maybe even branching out into different areas for greater revenue. Mr. Lu and Mr. Odaka have extensive backgrounds in finance, which we feel is very important. These two individuals know much more than selling videos and frisbees on the internet. We suggest that everyone carefully read about the backgrounds of the DMEC management. Then ask yourself what are the possibilities for DMEC and how does that relate to having their own server? After doing our DD we think that perhaps DMEC is considering becoming involved in banking or finance. However, we have no proof that this is the case, just a possibility. The front page of the prototype website gives a few hints about expanding DMEC's internet presence (http://207.246.226.130/.). The following was obtained of the e-DMEC prototype website, "Additionally, e-DMEC is in the process of partnering with strategical internet savvy companies to guarantee its success in various internet ventures in the near future." Only time will tell where DMEC is headed, but we do know that the appear ready to pursue the internet and e-commerce. We maintain or short-term target of $1 maybe even $2 within a month. We like the potential we see in DMEC. We recommend as always that everyone do their own DD as these our just our thoughts. Our parting question, where do you see DMEC being able to go server in hand?

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