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Microcap & Penny Stocks : MDU Communications Inc. - MDTV

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To: Wskymn99 who wrote (708)9/15/1999 2:41:00 PM
From: RICE  Read Replies (2) of 994
 
Good Post from RB,

"There is no logical reason for this selling. I spoke with MDU management thisAM to determine if there are any red flags. To the contrary, they are continuing to execute. Subscriber base and penetration rates are increasing, revenue per subscriber is higher than expected, $500,000 in additional financing has been secured, high-speed internet services to new hotels and MDU is being rolled out as we speak (this is related to 3COM), Star Choice new digital receiver equipment costs are being reduced while at the same time new features will be added. This has a two fold benefit, lower deployment costs for MDU and increased customer features. Pipeline is currently full new business. All this said does not add up to a lowering share price. Some external factor is manipulating this stock, whether it be MM's, Rogers Cable unloading shares they may have purchased, or Paul Andreola liquidating. Once PR is released that categorically substantiates MDU's results we should see a complete turn around. Any other thoughts out there on what is currently happening? "

Paul if you re out there can you shed light on this re: this post. THX
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