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Microcap & Penny Stocks : MDU Communications Inc. - MDTV -- Ignore unavailable to you. Want to Upgrade?

To: jeff c. who wrote (428)	7/7/1999 2:25:00 PM
From: Glenn Petersen	Respond to of 994

>>this lack of support by the company is sorta sad.<< I'm not sure what you mean. Since April 23, the company has issued five press releases, an average of one every two weeks. Any promotional efforts beyond what they have done would be a negative in my book and would not add any value on a long term basis. Why should the company cater to the short term traders? This is not a short term play. The weakness is probably attributable to the following factors: 1) There is probably still some liquidation going on from the shareholders of the old shell. 2) There may be some concern because the company has only raised approximately 45% of the money that they need for the first year of operations. 3) They have yet to report any concrete financial results and it is difficult to value the unknown. We all invested too early. Hang in there.