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

To: strength_in_seattle who wrote (1616)	5/30/2000 12:22:00 AM
From: A Kor	Read Replies (1) \| Respond to of 1651

Hi. What I found was form 144 by Gerald Wolf for 68k shares on 3/31/00, but not 21k shares buy by Legg Mason.??? Not many people want to put good time after bad money.

To: strength_in_seattle who wrote (1616)	5/31/2000 7:51:00 AM
From: William E. Harriot	Respond to of 1651

Jim, Seems to be the quiet after the storm. Sometimes it's difficult to get the surfers interested once the hundred year wave has already hit the shoreline. I'll chirp in with my assessment, which you already know, down below, but it might augment the yard sale of surfboards. Actually, I'm sneaking in here to introduce another reason to go surfing, MJXC, which...you already know. There is a stock talk thread already existing on this company, but no surfers. I intend to visit the company in San Diego on July 16. It's already cleared with Clay Chase. Just wondering if any of the past MOORons (what did you call us, Dan?) were interested. Doesn't have the pizzazz of MOOR, but looks a little more steady. Let me hear from ya at MJXC and I'll tell you what it's about. ----- Re: Chadmoore, Jim, the 41% that Robert Moore is tooting his horn about is far short of what was deemed necessary to survive. Leto, when he was there, told me the company needed 250% revenue increase, followed by a double. Also, valuation of a little more than a buck is a big comedown from the $3-5 assessment extrapolation based on the sale of the Alaska licenses back in '97. Thirdly, all Chadmoore's licenses are in hock anyway to GATX, and they're just not achieving the subscription buildout to pay down the debt. This is not to downplay your reading between the lines, which you do very well. Like you point out, the insiders are still hanging in, and if the company is successful it will be worth considerably more in time. The shareholders need to know the larger risks now involved however, which have become more apparent over the last few company reports. I still own some MOOR and continue to be interested in the company's well being, but I don't intend to add to the position until they show me a turnaround. Will be in Vegas in July also, but have no intention to visit. If I do, I'll pass along the data dump. It's kinda fun being on this board again. Bill