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Technology Stocks : TRANSNET TRNT
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To: Bob Jagow who wrote (223)7/7/1999 4:39:00 PM
From: Bob Davis  Read Replies (1) of 225
 
Bob,

I'd already seen those press releases - and they illustrate my point completely.

Each week they are spending $3,000 in prize money and another couple thousand in press release fees. In fact, they put out 5 press releases today and each of them cost $500-$750 in fees to BW.

Unfortunately, they are a non-reporting company so I can't get a sense of their business strategy from their SEC filings...

Bob Davis
The Napeague Letter
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