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Technology Stocks : Hop-On board. HPON

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To: Savant who wrote (51)10/23/2002 11:56:18 AM
From: Gutterball   of 68
 
My guess is, it's not enough to pay for any advertising. This is a very weak start.

Today's PR on Qualcom #reply-18146826 leaves something to be desired. This license should have been in hand months ago. If it was, then it suggests someone is pumping the stock.

My concern with their "increasing manufacturing capacity" comment in this PR #reply-18126231 also leaves something to be desired. Hop-On out sources its phones to Holly Communications. Holly is so large, that Hop-On has virtually unlimited manufacturing capacity. Thus, what Hop-On doesn't have is cash to place the orders. This is worrisome because it suggest the stock is in for more dilution, thus the pumping.

PM is going to have to get some new people on board who can help him build sales, manage inventories and purchases, etc. With the present snipper on the East Coast, Hop-On not only is missing Christmas, but other oportunities as well.
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