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Microcap & Penny Stocks : IHTL Innovative Holdings&Technologies Telemetry in Sports

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To: Dave Gore who wrote (377)3/20/1999 3:39:00 PM
From: Andrew G.  Read Replies (1) of 689
 
It's not my call to make. The CEO has the inside story and he will know what is best for the company.

This is a highly competitive area and I believe setting up a new sports network will be a very expensive proposition and met with a lot of opposition from established players.
It would be an easier road to form an alliance or merge. On the other hand, if the vision is there to create a better mouse-trap and the necessary financial/power-broker forces are behind it perhaps they have a chance. But it will not be without a good deal of struggle. Anything brought new to the market is always up against the unknown factors that determine it's success; e.g. how the market perceives the product, how much revenue is needed to support it, sell it, etc.
Time will tell. But I like the uniqueness of their telemetry and feel they have a fighting chance to become something special either way.
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