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Microcap & Penny Stocks : LDDI (Long Distance Direct Holdings, Inc.)

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To: Charles Broderick who wrote (204)1/17/2000 1:28:00 PM
From: M. Frank Greiffenstein  Read Replies (2) of 216
 
Thanks for you persistence, Charles!

However, I sold my LDDI last December at 8 cents a share. I needed the loss, LOL! Last I saw, it was trading for 2 cents.

Its too bad about LDDI. They have a great concept in PowerChannel, but they failed to execute. But there is somebody out there who did NOT fail to execute: NZRO. I don't own NZRO, but they seem to be making money with exactly the same concept as LDDI: Offer free internet access in exchange for marketing info. NZRO just got offerred a long term contract from General Motors.

I think LDDI was a decent risk to take and we evaluated the PowerChannel concept correctly. We just chose the wrong vehicle!

Good luck, Charles!

DocStone
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