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Technology Stocks : International Datacasting - Takeover Target? -- Ignore unavailable to you. Want to Upgrade?


To: David Patrick O'Connor who wrote (203)8/31/2000 7:05:25 PM
From: M. Merriam  Read Replies (1) | Respond to of 209
 
While you're waiting for StockTrakker to reply, I'll give my two cents worth.

Obviously, it's a much better deal now than it was a few months ago; however, in my opinion, it still looks overpriced.

What do the insiders think? In June, a director, Norton, was cashing out on his position at around 1.85. Earlier in the year, significant shareholder, Bank of Montreal, was a big seller in the low $2 range. Other insiders like Reinkeluers, Doyle, and O'Brien were also selling then at prices like $2.00/sh. or a little above. Has anyone noticed any insider buying in 2000 (I mean other than exercising a few cheap options)? I didn't.

Recent press release seems to make a big deal about making an ever so small profit. Big deal.

Personally, I wouldn't be a buyer if this was trading a half its present level. I might think about picking up a small position if it dips below 0.60.

But hey, I've been wrong before...

Mike



To: David Patrick O'Connor who wrote (203)10/19/2000 7:28:10 PM
From: StockTrakker  Read Replies (1) | Respond to of 209
 
Hi David,

Sorry it took so long to answer as I rarely check out
this thread since there's very little interest (6 months
before anyone even posted a message)...

Mike is quite correct.... This stock has no forward
momentum.... and this company has no credibility.... I
would not 'risk' any hard earned cash on this stock

Having attended a few meetings over the years and seeing
1st hand how this company operates, my best advice is to avoid this stock.... It's just not worth the aggravation you'll endure... Unless you're prepared to wait...and
wait.... until they pump it again.... at which point I
would dump it as soon as you've recovered your
investment... However it may be 3-10 years... They will
keep 'stringing you along'... However this company will
not fulfill your expectations....

You may want to have a look at NNM.V .... 11 consecutive quarters of growth...Just at the starting point for the network industry and currently my pick to double in price within 2 years...Potentially a big mover within 5 years.. They plan to move to the TSE by years end... They are
opening US offices and seem to have 'political
connections' ... Which should spike this hidden niche
market player.... Check it out and do some due diligence... You may want to switch your strategy......

StocktTrakker