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Microcap & Penny Stocks : The Chadmoore Wireless Group (MOOR)

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To: William E. Harriot who wrote (656)12/16/1997 1:26:00 PM
From: Dan Thomas   of 1651
 
Bill,

I recall earlier in year (April-May ?), MOOR "sold" 57 channels
(I think 57) in Alaska for almost $ 700,000, sale subject to FCC
approval.

With Buenos Aires thrown in, I could see why Argentina licenses
command a premium. After all, what is the market potential in
the bulk of Alaska ?

But I agree with your reasoning - mainland US licenses could fetch
a premium too ! Chadmoore very likely could have a value over
$ 10 / share. How much is anyone's guess at this point.

I am more convinced everyday to hold on tight and just wait it out.
FYI - I loaded up on the recent drop down to .51/.53 ... out of funds.
All on the line. Hope there is no pinhole leak.

Happy Holidays ... 1998 should be a fabulous year.

Dan
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