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Technology Stocks : Log On America, Inc. LOAX

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To: ISP_Investor who wrote (185)6/7/1999 1:10:00 PM
From: Ron Dior  Read Replies (1) of 353
 
<<This is not in a hot sector. It is an ISP and there are 4300 of them and they all trade at 2-3X their annuallized recurring revenue run rate. If they try to deploy a high speed network, they won't have the experience to manage it and bill customers. In addition, 20M is a drop in the bucket for a high speed network.>>

Have you seen the facility? Have you talked with management about future plans? What do the have in their pipeline? Did they just start this company knowing it would fail or do they have some type of future plans not yet known?

Though I am not saying that you are wrong for it is obvious that you have done some extensive research. What I am saying is that you seem to be speculating when you say that you know for CERTAIN that this company is not for real. I would have to disagree with that assumption. DSL is in its infancy stage and many small companies will come out winners by taking advantage of this technology in one way or another. I am just simply saying that shorting this stock is not as definite as some would make it seem. Nothing is that easy, especially in this sector.

Ron Dior
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