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Microcap & Penny Stocks : The Chadmoore Wireless Group (MOOR) -- Ignore unavailable to you. Want to Upgrade?


To: Dan Thomas who wrote (1583)1/29/2000 12:28:00 AM
From: Greg Rich  Read Replies (2) | Respond to of 1651
 
Dan:
I suspect that you're likely right about this, but....
What do you make of the recent price move that seems to be holding a bit longer than in the past? It gives me a little pause. Almost sold all my shares yesterday and today, but have decided to ride the roller coaster one more time. Would love a buyout, but who??? Seems the price they'd have to pay given the outstanding shares and debt levels would outstrip the value of the licenses, though it seems no one really seems to know what they are worth. Some knowledgeable folks have been posting on raging bull MOOR board. They've got me thinking anew about possibilities here. I am an eternal optimist. Lastly, do you really think the Chadmoore folks care about what a few of us measly shareholders think they should do with the company. This is Robert Moore's life's work. I suspect he will be largely unmoved by our email pleas.

greg



To: Dan Thomas who wrote (1583)2/7/2000 10:05:00 AM
From: William E. Harriot  Read Replies (4) | Respond to of 1651
 
Dan,

Looks like you could get your $3-5 on this run up. Remember the run-up in 1997 went to $1.70, and that was only on the expectation the company could build out most of its channels, and before it even owned the channels. All it had was the rights to the channels.

Today, we have a number of factors which could produce a higher plateau for these share prices:
1. CWG now owns virtually all of the licenses.
2. The licenses are worth more today that in 1997 because of technology breakthroughs in wireless.
3. Continental US channels should worth more than Alaskan channels anyway - CWG's channels are in second tier US cities - but they are cities, most with high population density compared to Anchorage. Based on its sale of Alaskan channels for $12K each back in April of 97, even simply doubling the license value would give CWGs licenses a value of about $115M. Take away debt and you have over $2/share.
4. Add factors for future potential to generate SMR cash and others, unknown and possibly more valuable.
5. Factor in the wireless fever we are now experiencing, which could run the price up irrationally.

I would not be surprised to see this stock at over $2 and possibly between the $3-5 estimate you called in the next couple of months.

The big question becomes - do you sell? - or do you let it ride for a possible $20 in five to ten years?

Any thoughts?

Bill