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Microcap & Penny Stocks : PLFM - Undervalued with great potential

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To: PhilT who wrote (3350)6/12/1998 11:37:00 AM
From: Kurt_Ruckus  Read Replies (1) of 9096
 
Although I'm eager to see PLFM do well, consider this:

>>>>>>>>>>>
One of the initial ARC System target installations has a population in excess of 10 million. It is anticipated this market sector may yield a cellular subscriber base of 250,000 to 1 million consumers at $80 per month, or an annual gross revenue potential of US$240 to $960 million.
>>>>>>>>>>>

2.5 to 10% of a city is going to be willing to pay $960 a year for cell phone service? That would require a fair amount of wealth in said city. They'd be much better served by offering a lower rate and capturing a bigger market share. Could someone with knowledge of cell phone costs, post monthly cell phone rates in various countries?
Thanks
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