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Microcap & Penny Stocks : MEME Media Entertainment
MEME 7.620+2.3%Nov 7 9:30 AM EST

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To: Rick who wrote (329)4/3/1998 4:18:00 PM
From: Dan B.  Read Replies (1) of 638
 
What's interesting is that your thought that I implied they might be just a distributor/marketer. No, I'm implying that they are a buyer/user of the radio product I suspect they are using. That they say the tech. is their own would be because this is kind of like building a car around an engine. What's more, if they own the rights to the bandwidth in the cities in which they operate, there can be no legal competition in their attained markets. So if the C.E.O.'s projection of profitability so soon is reasonable, even if it's off a lot, you see then, it's a lock for profits, even if they only ever get a few markets. I'm sure there are many other public and non-public Co's who own rights to these frequencies in other markets/cities. Some of them are probably moving to take advantage of these new radio's too. But they have to build the software car around the engine first. Just speculation all, but maybe now you get the picture as I'm thinking it- few will believe in this, new as it is- stock may not fare well in short run- many suspicions to confirm here. Might be plenty of time to buy lower. Congrats on your winners- keep it up!
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