SK;
Thank's for pointing out the Eutro thread, I will share my thought's there in the future. Eutro's time will soon come for I am confident the share issue will be resolved. As far as this play with MEME being over as far as I am concerned it is just beginning and let me explain why.
The stock started trading in October of last year at 2.50. It come's down to poor PR. Nothing can be found out about this Company for the simple fact that News Wires were not used. The product that they claim to have is explosive, Internet access with no modem or phone line, so you can be sitting in a restaurant eating lunch and access the Internet or trade stocks! ect.....
Other Companies have claimed similar technology and were trading as high as 17.00 per share as claimed by one post on this thread. So the Question is do they really have the technology and has it been proven, and if so when are they planing on marketing this product well here are my conclusions;
The following was a news release made last year about the time frame for marketing there product;
Finally, Mr. Loflin stated that MEME expected Intersurf
to begin to market MEME's proprietary Wireless Internet Access
System to home-users, toward the end of the first quarter of 1998.
I asked the President of MEME if the time frame was accurate and he stated yes, so the product should go to consumers in a little over 30 days since March is the end of the first Quarter.
Then the other question. Does the product work, his answer was that it does and it has been tested.
This stock was trading at 2.50 when all these projections were made and everything seems to be coming together as planned if anything the stock should be trading at the 2.50 level or higher for the simple fact that the Company is on schedule for the release of this product, we are talking about wireless Internet service, look at the market for Cellular Telephones, the 900% just doesn't play here, and a buck for this kind of stock and technology with only a 500,000 float comes down to supply and demand and future potential for this market if people think a buck is high buy some stock in MCI or AT&T and see what a buck buys you.
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