lance, regarding LMKI. I've mentioned this unknown ISP (priced then at 0.14) before on Wayne's speculative stock thread. With this news today, first in many months, I think it changes from "speculative" to "undervalued". So it may be appropriate to discuss here also.
(Note: Symbol is LMKI, company name is LMCI. )
Current ask is 0.19. Wide spread, but I've seen it tighten nicely when only a little buying starts.
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(PR NEWSWIRE) LMCI Announces 2nd Quarter Sales Increase
LMCI Announces 2nd Quarter Sales Increase
SANTA ANA, Calif., April 30 /PRNewswire/ -- LMCI
(OTC Bulletin Board: LMKI) announces 2nd quarter sales increase of 42% or
163,000 over 1st quarters 114,000 with a switch from Long Distance sales to
Internet Access sales. This, DSL & T-1, sales increase should continue for
the foreseeable future. LMCI is customer driven, providing subscribers with
personal service, 24 hours a day, 7 days a week. Partnership agreements with
MobileNetics Corporation (http://www.mobilenetics.com) & Covad
(Nasdaq: COVAD), both leading telecommunications companies guarantee technical
support and field service for near perfect network reliability for LMCI's
growing infrastructure. Telechoice's Internet research projected
248,000 customers will subscribe to DSL service by the end of 1999, up from
39,000 subscribers at the end of 1998. For the year 2000 an increase is
projected to 904,000; 2001-1,687,000; 2002-2,355,000; customers respectively.
LMCI is a full service ISP providing high speed Internet Access. LMCI is
headquartered at 1720 East Garry Suite 201 in Santa Ana, California.
SOURCE LMCI
-0- 04/30/99
/CONTACT: Bill Kettle of LMCI, 949-475-4500/
/Web site: mobilenetics.com
/Web site: lmci.net |
