Sy, We do have major companies with large investments in HSA. As You know, PA has put up $75 million more as an equity investment, so as not to cause dilution. HSA purports that Lucent is also buying their stock. To the best of my knowledge, CISCO, MFST, CMTO has invested heavily and has not sold their stock in HSA.
Lucent is putting up $100 million in equipment software and other services. Lucent has stated that they are also making an equity investment in HSA.
We have buy recs from Banc of America and JP Morgan with 12 month targets of $41 a share. This was dated on Feb.2000 from Morgan and May, 2000 from Banc America.
We have many more irons in the fire with new content offerings, partnerships and continued improvement in revenue and subscribers. They are now going to offer services to mid and large scale ISPs and cable companies.
If anything, it is not that they have too little going for them, but possibly, they could be expanding too rapidly which could effect the bottom line.
We have many HSA investors screwing themselves by sabotaging there own investment. So be it. I know that we have many big money operations wanting this company to succeed. I have no worry about my long term investment in HSA.
Regards,
Cowboy |
