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Technology Stocks : mxmxd

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To: Richie3 who wrote (12)1/5/1999 1:08:00 AM
From: Ted M  Read Replies (1) of 21
 
Hi, Richie3.

Thanks for the share info. No I don't have much more info, although I spoke to someone who is quite familiar with the company and their history. I decided to just wait and review the investor packet before making a decision to buy more. The packet hasn't arrived yet, so I may have to follow up again.

It appears that the company is very low on cash and has somewhat of a history of missing deadlines. They seem to have good ideas and some connections, but I have some doubts. As you have seen, the Amuznet site missed its deadline already, and they just set it amidst all of the internet hoopla in December. I take missed deadlines as a possible sign of poor business management and missed announced deadlines as a possible sign of disrespect for shareholders.

I tried to track down the Next Generation review with no success. I think it was supposed to be included in the packet. The news today is no guarantee that they will find a buyer. If the game is as good as they say, this again looks promising. However, so did the PC Guru product which, it would appear, did poorly.

I don't mean to dog this one as it would seem like it has real potential and people with some know how. I'm just concerned about their ability to really deliver. Maybe if I ever get an investor packet I'll be able to share some more positive news. Did anyone else here receive one? Best of success. Ted
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