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Microcap & Penny Stocks : MEME Media Entertainment
MEME 6.420+1.7%Nov 26 3:59 PM EST

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To: BONZ who wrote (187)3/11/1998 10:22:00 PM
From: Gobseck  Read Replies (2) of 638
 
What does this company's balance sheet look like? The acquisition of Intersurf will dilute the stock. How much? The market value of this stock has lost around 50% in the last few weeks--since the 900% run up. The bid/ask spread has narrowed. The company's press releases have not stopped the downward trend. The USA Today had a feature article on Metricom's product...it appears similar...but, not Media Entertainment's product. What would Benjamin Graham or Philip Fisher make of this?
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