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Microcap & Penny Stocks : WaveRider WAVC NASDAQ ISP Wide Area Wireless Internet

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To: Millshare who wrote (1017)6/5/1999 9:06:00 AM
From: Fred Mussler  Read Replies (1) of 1848
 
Someone posted here that the China contract for 7500 LC135 was worth a minimum of $25 million- 7500 is the minimum requirement for them to take over three years.

If it works well they will take many -many more - every business - person that wants to connect will need one - millions (of LC135's).- if it doesn't they won't even take the 7500 - they'll just let the contract lapse.

In our business (drinking water) its called a "distributor contract"- the first step in getting business in an area the Company does not have their people is to get someone to represent the Company who has contacts there - write a contract, and hold them to a minimum product purchase (the 7500 LC135's) to keep the contract.

As they set up sub- distributors - and or receive orders from towns- schools whatever- we'll see the # orders - ie Global ordered 1000 for delivery in June @ $5000 ea etc.

These firmer orders will really move the stock and if the product works well in China we'll see the orders - if not =problems.

A lot of China is very mountainous terrain - don't know how well they'll work. A lot of coastal areas too which should be OK.

Fred
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