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Microcap & Penny Stocks : Amplidyne, AMPD -- Ignore unavailable to you. Want to Upgrade?

To: A@P Trader who wrote (369)	9/14/1999 9:04:00 PM
From: who cares?	Read Replies (1) \| Respond to of 538

Agree. CNBC could be doing such a service to investors, by exposing these scammy companies as they start to run, but they're too chickensh%t to do it. Like GE couldn't afford a lawyer to fight off a couple of SLAPP suits. After they crushed the first couple of crum companies that tried to sue, the rest would wise up. Hell they can't get a sac when it's an absolute slam dunk, much less something that requires a little brains and investigating. If they don't get it handed to them gift wrapped, the talking heads have not a clue, and that includes "the brain."

To: A@P Trader who wrote (369)	9/14/1999 9:06:00 PM
From: A@P Trader	Read Replies (2) \| Respond to of 538

TRANSCRIPT OF CNBC INTERVIEW!!!!!!!!!! MARK HAINES, CNBC SQUAWK BOX ANCHOR: Investors have been screaming fo shares of data amplifier Amplidyne (AMPD). The stock took off last week. Jumped 400 percent from $3 to as high as $16. Lost some steam yesterday. Closed down 3 at $9. The move came after the company debuted new wireless equipment that provides Internet access 35 times faster than the more common 56k modem. That lets Internet service providers offer faster and cheaper 24-hour service without dial-up or user intervention. So, what does all this mean for the company? Here to answer that is Dave Bains. He`s chairman and CEO at Amplidyne. Mr. Bains, thanks very much for being with us. DAVE BAINS, CHAIRMAN & CEO, AMPLIDYNE: Thank you. HAINES: Who buys this equipment that you`re talking about? I get the feeling this is a professional piece of equipment. BAINS: Yes, the equipment would be bought by ISPs. They will be the providers of the service to the local users, which would include businesses, small enterprises, small offices, and eventually home offices. HAINES: OK. Now, which direction is the device that they`re buying point in? I mean, is it -- does the ISP get their connections wireless or are you talking about the ISP providing a wireless connection to the retail customer? BAINS: The ISP provides the wireless connection to the retail customer. HAINES: I see. David Faber. DAVID FABER: Sir, you know, your stock took off in part because of this new equipment, I guess, that you announced, but there`s been some questions about just how new the equipment is and also whether it`s really ready to go. You said it`s in beta testing, I believe. Can you clarify, please, what exactly is going on? Is it new? And are you ready to actually sell it? BAINS: Yeah. The equipment is new. And we are ready to sell it. We feel that with this type of equipment, we need the time to get it rolling into the marketplace. We will be signing up ISPs in the next 60 to 90 days. And after that we will be able to roll out the service. FABER: Do you have any equipment though in the field at this time? And what has the beta test been involved with? Because my understanding is it has to operate over, what, 50 miles? Is that correct? BAINS: The service is able to get to 50 miles by using the (INAUDIBLE) technology. So we are able to project these numbers based on our experience and our testing. FABER: So, you`re projecting them, but don`t know whether it works in the field at this point? BAINS: No, it does work in the field. FABER: Do you know that? BAINS: I know that, yes. FABER: Because you have tried it there? BAINS: Yes. FABER: Over the 50 miles. BAINS: Over the 50 miles, yes. DAVID SIMON: Mr. Bains I have a question for you. As recently as December `98, you entered into a merger agreement with Microwave Power Design whereby you were willing to sell your whole company for $7.2 million. Now your company has a market value of somewhat closer to $50 or $60 million. That merger transaction fell apart, because Microwave decided not to go forward. What`s changed in the last eight months that you think your company is still undervalued at $50 million where somebody walked at $7 million? BAINS: I think once we started looking into the wireless Internet market, we decided to pursue this very aggressively. We see -- we saw that the key element is time to market. And that is why, I think, that we are where we are now. As far as the MPD situation, that was a mutual decision for two companies not to proceed. And we did issue a press statement relating to that. HAINES: OK. We`ve got to leave it there. Mr. Bains, thank you very much. BAINS: You`re welcome. HAINES: Dave Bains is chairman and CEO at Amplidyne. END TRANSCRIBED FROM MY OWN TAPES