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Pastimes : Ask Grislee Bear

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To: Chuck Bragg who wrote (112)8/18/1996 9:53:00 PM
From: Chuck Bragg   of 172
 
Griz, one other thing. Speaking of WWDI, guess who I got a phone call from on Friday. Mr. Alan McCaffrey, from WWDI. Man is he smooth... The stock is heading to the moon he claims. They are "really close" to getting 30fps over the Internet, and when they do it will change the industry.

Incidentally, I actually purchased shares of WWDI back in Feb. when SGA recommended it (and made some $$$ for a change with a SGA recommendation). I found a little out about them at the time -- I think they had 600 customers signed up as an ISP. I had Alan send me spec sheets and financials, etc... and got a one-page summary of the company. I'm sure those kinds of things make Grizz suspicious.

Just to humor Alan, I listened to his speel. I asked about the 30fps -- what kind of resolution? Can you still get 30fps if many people are using server? Uh, I'm not a technical guy, so I can't answer -- but it will be revolutionary.... He said they have investment banks interested already and look to have this at 3-5 soon, and in a year 10-15... OK - AL, whatever you say. To get away from him, I told him I would probably watch the stock and "look for it to consolidate a little and buy in mid 1's." Keep in mind this was a .75 cent stock a week ago (now over 2.00). His reply -- "Chuck, to be perfectly honest with you, I don't think this stock is going back down.. Why not pick up a few thousand shares now just to be safe." Hey, was that a boiler I heard in the background?

Thanks for listening to my mundane and pointless story. Have yourself a good week.
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