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Technology Stocks : okane (okni) new broadband to the end user

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To: Paul Body who wrote (80)2/5/1999 5:44:00 AM
From: FrozenZ  Read Replies (2) of 138
 
Paul, I think that a conference call is essential at this time and Truher should pick a time and date, fax the phone number to all of us on the fax list, post it here and on the web site, and set it up so that it can be replayed and accessed for a month. Most of us won't miss it. Beyond that as far as we can tell both Entrata and High Speed are and have been viable companies. The charts seem to indicate we are at a low point right now and my opinion right now is that the stock will come back up. As the previous poster sort of seemed to be saying, this stock probably needs months to take off. That in itself is not rare. It just never should have been presented to us as something on the immediate verge of rocketing into the stratosphere with a proprietary technology which we know the world is waiting for. I think we all should be given an apology for that and hear what they have to say. I plan on holding the shares I have left for at least a couple of months. If Truher really was an AT&T division head he must have some plan.
The plain fact is if Entrata and High Speed were viable we need to be given current revenues, earnings, number of shares, float and perhaps a realistic time table regarding what can be ready for shipping, and when and exactly how it is to be marketed.
We've been told they were planning on going on the Nasdaq and if so all that information is necessary, there's no point in keeping it secret. A stock has to stay above $5 a share for I think 4 or 5 months in order to get on the Nasdaq. Before this week we were close to that. Probably they could let the stock drag in the 4's for a week or two and then make another run at staying above $5. I'm not an expert so this is just my take. Eventually, anyone who has more that 10% of their portfolio in this one should consider reducing it.
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