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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (53677)	3/26/2000 1:02:00 AM
From: jlib	Read Replies (1) \| Respond to of 122087

Agreed. It is a $30 stock which can be sold now for $65. One question... I was reading through some of the most recent MEAD SEC docs and noticed the huge position (1 million plus shares) Wells Fargo holds. Does an institution which owns enough (>5%) to have to report holdings, but who is not an insider, still have to file before they sell like an insider would? It would seem that Wells Fargo would have a fiduciary duty to their own stockholders to capture this profit. Could they be selling without us knowing? Best, Jimmy Liberato

To: Anthony@Pacific who wrote (53677)	3/26/2000 1:57:00 PM
From: peter michaelson	Read Replies (1) \| Respond to of 122087

From Post-Intelligencer "TeraBeam's business plan figures customers will pay $6,300 per month for 1 gbps and that TeraBeam's break-even point will come when eight customers sign on in each cell. A fully loaded cell, with 24 customers, will bring TeraBeam $151,000 in revenue per month. The heart of the window sill units cost only $150 to build. Shares of Meade Instruments Corp., of Irvine, Calif., soared 77 percent last week when that company got the nod to build pieces of those units, for assembly at TeraBeam's 100-person research, development and manufacturing facility in Redmond." Estimate that 100,000 customers in the nation will pay $6000 per month. Each one will require a $150 'heart of the window sill unit". Say Meade get $50 for the optics in each one - erring on high side. Mead gets $50 times 100,000 or $5 million in revenue if all goes well - non-recurring. Perhaps $2.5 million in additional profit over maybe 3 years, best case. Meade has 8 million shares outstanding and has increased in market value by $300 million on the basis of the news of this potential $2.5 million of non-recurring profits. OTOH, IMO, Meade was under-valued before this news. Nice growth - a lot of w hich is due to stamping their brand on Chinese binoculars, tho - nice products. For the added eyes, I give Meade a $30 price, up from $20 two weeks ago. peter