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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: RICE who wrote (19629)9/7/1999 2:38:00 PM
From: Blue Voodoo  Respond to of 25711
 
MDTV is another example of my theme, laid out in Message 11065612
Calling the company confirms they will be doing a press release, should be within 48 hours. The forthcoming news is not earth-shattering, but it should be good enough for at least a small rise.

The best news will be that they've signed up 400 new subscribers, which by my calculations is about a 50% increase. These subscribers are all in a single 1200 unit building/complex, and there are at least five more complexes just like this one coming online.

They will also be announcing a deal with 3COM, but that is not as huge as it sounds - basically MDTV has cut a deal to use 3COM technology (the best spin to put on this would be that its a foot in the door toward having 3COM invest in MDTV down the road).

They're also working on relatively small (1 mill $) additional financing.

I had some already, and I've bought some more.